City Surpasses $1 Billion in Permit Valuation Through October

November 14 - ROCHESTER, MINN. - The City of Rochester has officially surpassed $1 billion in total permit valuation for 2025, marking a significant milestone in the City's continued growth and investment in public and private infrastructure.

This milestone reflects a diverse mix of development activity across sectors. Major institutional projects, including those led by Mayo Clinic, have played a key role in driving investment and innovation in Rochester. It also signals a strong trajectory of growth and development momentum that is likely to continue in the years ahead.

"Crossing the $1 billion mark in permit valuation is a strong indicator of Rochester's momentum," said Irene Woodward, Community Development Director. "It reflects the confidence that institutions, developers and the community have in the future of our city."

This achievement marks the latest in a series of record-setting years for Rochester, as the city continues to grow as a hub for healthcare, education and innovation. It represents ongoing economic development and reinforces Rochester's role as an economic engine for the State of Minnesota. The milestone highlights the strength of the local economy and the trust that investors and institutions place in the city's future.

It also validates past infrastructure investments, supports those planned for the future and signals that additional development is likely on the horizon. This progress aligns with the City's strategic priorities, including Economic Resilience, Housing Access, Inclusive Growth Management and Responsible Environmental Stewardship.

Rochester has a healthy, growing economy. This milestone is a clear indicator that the city is thriving and that now is an ideal time to invest, build and grow in Rochester.