$5B Mayo Clinic Expansion Investment

By KBJR News 1

January 30, 2013 Updated Jan 30, 2013 at 11:49 PM CDT

Rochester, MN (NNCNOW.com) - A planned $5 billion expansion of the Mayo Clinic in Rochester aims to make it a world destination for health care.

The Mayo Clinic says the private investment is a culmination of a three year study.

However, the project requires $585 million in state money.

The development initiative promises to create 35-45,000 new jobs over the next 20 years and more than $3 billion in new tax revenue to the state.

Kevin Jacobsen
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