Advantage Magazine | October 2021

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ROCH ESTER A Rochester Area Chamber of Commerce Publication

October 2021

Rochester’s robust real estate market INSIGHT INTO THE Challenges and opportunities of Rochester area real estate

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MEET THE MEMBER Supporting Strategies

2021 Economic Summit Keynote Announced

2022 ANNUAL CELEBRATION Save the date for the Chamber’s 2022 Annual Celebration


Have you reviewed your retirement plan lately? Work with me on a custom investment plan –whether your new to retirement planning or have already started. No matter where you are on the path to retirement, it’s important to review your retirement goals regularly with a financial advisor who has your best interests in mind. I’m ready to be that advisor for you and work toward your goals together. Call me to schedule a free, no-obligation review of your current portfolio.

Andy Roberts

Financial Advisor

Let’s talk retirement.

(507) 529-7302 | ajroberts@merchantsinvest.com

Securities offered through Securities America, Inc., member FINRA/SIPC. Advisory services offered through Securities America Advisors, Inc. Merchants Bank, Merchants Investment Services, and Securities America companies are separate entities. Not FDIC Insured - No Bank Guarantees - May Lose Value - Not a Deposit - Not Insured by any Government Agency


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Feature

Rochester’s Robust Real Estate Market

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Meet the Member

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Ribbon Cuttings

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Where is the Advantage?

Supporting Strategies

Advertising Information: Brent Ackerman backerman@RochesterMNChamber.com

October 2021

What’s Inside

Advantage Information and Questions: Katie Becker kbecker@RochesterMNChamber.com


STAFF

Chamber President Ryan Parsons 507-288-1122

2021-2022 CHAMBER BOARD OFFICERS Chair of the Board Christy Blade

Post Bulletin, LLC

Membership Brent Ackerman Development Director 507-424-5666

Vice Chair John Eckerman RSP Architects

Administrative Assistant Cherie Thurlow

Treasurer James Kelly

Director of Operations Cheryl Krage

Secretary Emily Benner

507-288-1122

Preventice

507-424-5699

Communications Director Katie Becker 507-424-5661

Member and Community Morgan Shaw Engagement Director 507-424-5665 Membership Director Tim Shea

507-424-5663

2020-2021 CHAMBER BOARD MEMBERS Santhi Arunachalam

Lizzy Haywood

People’s Food Cooperative

Dr. Christine Beech* Kabara Institute for Entrepreneurial Studies

Doug Holtan

Mayo Clinic

Chad Behnken

Hamilton Real Estate

Marge Kelley

Express Employment Professionals

Emily Benner

Preventice

Sarah Miller

White Space, LLC

Dr. Lori Carrell

University of Minnesota - Rochester

Matt Morehead

Carlson Capital Management

Teresa Czaplewski

Ranfranz & Vine Funeral Home

Dan Nistler

Merchants Bank

Steve Dunn

Taco JED

Omar Nur

Somali American Social Service Assoc.

Scott Eggert*

Broadway Plaza

Sylwia Bujak Oliver 125 Live

Jessica Eidem

IBM Corporation

David Pederson

Dunlap & Seeger, P.A.

Shawn Fagan

Fagan Studios

Jack Priggen

Cardinal of MN, LTD.

Abel Garcia

Remodeling D.L, LLC

Joselyn Raymundo Rochester Home Infusion

Karen Hanson

Home Instead Senior Care

Sharon Schneller

Olmsted Medical Center

Gwen Stevens

People’s Energy Cooperative

Xylo Technologies Inc.

*Denotes at large members of the Executive Committee

VISION

MISSION The Chamber promotes business success which supports a thriving community.

Rochester-area businesses are empowered to succeed in a diverse and collaborative climate.

VALUES As a service organization, the Chamber is committed to conducting our work in accordance with the following values:

Collaboration | Diversity |Innovation Integrity | Proactivity Chamber Advantage USPS 446-900 is published monthly by the Rochester Area Chamber of Commerce at 220 S Broadway Ste 100 | Rochester, MN 55904 | Phone: 507-288-1122 Periodical Postage paid at Rochester, Minnesota | Annual Subscription: $20 (free to Chamber members) | Christy Blade, Chair of the Board | Editor: Katie Becker Postmaster: Send address changes to: Chamber Advantage, 220 S Broadway Ste 100, Rochester, MN 55904 or email: chamber@rochestermnchamber.com


Note from the President N

Note from the President D

ear Members,

As our region encourages and develops the next generation of professionals, career exploration will be key. Those future professionals are today’s students and providing those students an opportunity to explore the unique opportunities of multiple industries is essential to not only help them find a path that is right for them, but to showcase career paths that students may not have considered without experiencing it first-hand. In partnership with area businesses and educators, the Rochester Area Chamber of Commerce is excited to provide students from throughout Southeast Minnesota an opportunity to experience careers in science, technology, engineering, the arts, and math at this year’s STEAM Summit on Tuesday, November 16th at Rochester Community and Technical College. Over 1,700 middle and high school students will have an opportunity to connect with businesses and higher education in an interactive environment filled with career exploration opportunities. Students are eager for this year’s STEAM Summit and the Chamber team looks forward to showcasing area industries and the career opportunities presented by each participating business. That’s where area businesses can help. If your organization is within a STEAM field (science, technology, engineering, the arts, and math), we encourage you to join us for the 2022 STEAM Summit and to provide our future professionals an experience to explore the career opportunities in a range of industries. Becoming an exhibitor at the November 16th STEAM Summit is free and is a great opportunity to connect with area students and community. To learn more, please contact Morgan Shaw at mshaw@ RochesterMNChamber.com. Enjoy your start to fall. Stay well.

Ryan Parsons President

October 2021

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F Feature

Rochester’s Robust Real Estate Market By Maura Keller

According to the most recent monthly indicators published by Southeast Minnesota Realtors, new real estate listings in Southeast Minnesota were down 3.9% to 685. Pending sales decreased 10.1% to 620 and inventory shrank 26.4% to 765 units. In addition, prices moved higher as the median sales price was up 7.9% to $250,000.

In new construction, home builders continue to struggle to meet buyer demand, as housing starts nationwide The team at Southeast Minnesota dropped 7% last month, according to Realtors have seen the effects of the U.S Commerce Department. Rochester’s robust real estate market first Single-family home construction hand. declined 4.5%, and multi-family home construction, which includes condos and apartment buildings, was also down, falling by 13%. ere’s one thing we know: Rochester’s real estate Labor shortages, rising material costs, and outlook has improved over the last few months and supply-chain setbacks continue to challenge buildwill continue to slowly gain steam in 2022 and ers, with some projects temporarily paused due to beyond. While there are numerous reasons to be availability and cost of materials. cautious about predicting future job growth— including the highly publicized fiscal cliff, the On a national front, SEMR points out that the financial, administrative, and light industrial National Association of REALTORS (NAR) reported segments within the Rochester market are showing inventory of homes for sale nationwide rose slightly in improvement after a relatively harsh recessionary June 2021 as more sellers list their homes, hoping to economy. take advantage of record-high sales prices across the country. Even with renewed home seller interest, As Eric Brownlow, association executive and inventory overall remains 18.8% lower than a year government affairs director at Southeast Minnesota ago, according to NAR. Realtors (SEMR) explains, the Rochester area has been experiencing growth in home values since These statistics point to various challenges facing 2012. both home buyers, sellers and the real estate industry as a whole. In fact, the last two years have seen an acceleration in the increase to values due to the “Inventory is still going to be the biggest challenge, region’s dwindling inventory. “The main two ways not only in our area but nationally going in to 2022,” the housing industry increases supply is by building Brownlow says. “We believe the last year and a half new homes and preserving our existing housing has created a different mentality with the public. stock,” Brownlow says. “The industry has fallen With more people working from home, location has behind in replenishing our housing market in both slipped on the priority list. We are seeing a lot of areas since the recession.” expansion in the smaller communities in Southeast Minnesota, not only in new subdivisions and new

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October 2021


Feature F housing starts, but also in commercial opportunities. More roof tops equal more small business opportunities for these communities.” Looking into next year, the million-dollar question is “what will interest rates look like?” Brownlow says that right now, the median home value in the Rochester area is $250k. Interest rates are hovering around 2.875%. If interest rates go up 1%, the typical buyer will have about 30K less in buying power. “The same can be said of any home expense,” Brownlow says. “Even an increase in real estate taxes can significantly decrease a purchasers buying power making homes less affordable in the region.”

A Local Versus National Outlook

Locally, the Rochester area does follow many of the national trends in real estate, just not with the wild swings you would experience in other parts of the country. As Brownlow explains, “Nationally, there is a trend of multiple offers on property leases. People are actually bidding up monthly rental rates in order to secure housing.”

trend will impact our local market due to the continued influx of visitors our region is still seeing.” Currently, interest rates and an increase in housing rental rates are driving the Rochester real estate market. “Yes, it is a great time to sell your home. We are still in a sellers’ market. However, it is also an extremely good time to buy. Buyers are seeing that they can own for less of a monthly obligation than renting,” Brownlow says. “The pandemic is also at play here. During uncertain times, people tend to move to a safe position financially. Real estate continues to be the safest investment on the planet over the long term, and homeownership is still considered part of the American dream by 75% of non-homeowners per the National Association of Realtors.”

“The Rochester area has seen a large expansion in the new apartment market segment, and with modest vacancy rates in town, we are not seeing this nor expect to see this trend in our area,” he says. “We are also seeing apartments being built in the surrounding communities to meet the increases in population. Austin, for example, has several apartment complexes either built or in the planning stages where as they have not seen a large apartment complex built in the past 30+ years.” Another national trend to note is the conversion of short-term rentals (STR) being converted back to single family homes for owner occupant buyers. “The values have The real estate market is currently a sellers market and people shifted back to the property having are eager to buy. Seen here, Realtor Tim Meirick (right) of Edina a higher value as a single-family Realty, showing a house to prospective buyers in Rochester. home versus an income-producing property,” Brownlow says. “The ongoing COVID pandemic continues to have an impact on this with less need due to less travel. It is unclear if this

October 2021

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M Meet the Member

Meet the Member: Supporting Strategies

If you have a growing business,

you know how difficult it can be to find time to do anything, even the things that need to be done. Supporting Strategies can help with that. Supporting Strategies offers services such as accounts payable, accounts receivable, bookkeeping, and so much more. The professionals at Supporting Strategies are able to free up your time and help streamline your business.

Q: Tell us about Supporting

Strategies. What does your company offer to the Rochester region? Supporting Strategies can help A: For over 15 years, businesses with their bookkeeping and Supporting Strategies’ locally controller services. owned and operated offices have served thousands of companies throughout the United States. Supporting • Real-time financial data for better business Strategies offers to business owners a range of decision making. outsourced bookkeeping services, controller • Cash-flow forecasting. services and operational support that can help • Streamlines operations with customized transform the financial management of their processes and best-of-breed cloud technology. business. Business owners can choose the most appropriate services, such as: Q: How did it start for Supporting Strategies? A: Supporting Strategies was founded in 2004 in • Revenue and Accounts Receivable Boston, MA with the vision of becoming the go-to • Expenses and Accounts Payable resource for outsourced bookkeeping and controller • HR and Payroll services. The Rochester MN office opened in May • Bookkeeping and Month End Close 2021 to offer bookkeeping and operational support • Financials, Planning and Analysis. Including Cash functions to small-growing and medium businesses Reporting, Budget vs. Actuals analysis. thereby allowing them the ability to focus on their core business. For larger and more complex businesses, Supporting Strategies can extend Controller level services and Rajeeb Rath, is the Owner and Managing Director help companies succeed by: of the Rochester, MN office – one of the latest to be • Flexible, scalable services that meet the needs of added to the 100+ offices around the country and is the business as it changes. keen on continuing the founding vision of the

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October 2021


Meet the Member M company by offering bookkeeping and controller-level services to the business community in the S.E. Minnesota region.

bookkeeping and payroll services market in the United States is $55.1B. In 2021 alone this segment saw a 6.1% growth.

Q: Supporting Strategies has been a member of the

Small and medium business owners find acting as their own Controller and handling bookkeeping and critical back-office functions a major distraction from their core competencies. Over 70% of small businesses therefore choose to outsource at least one back-office function, such as bookkeeping services. (Source: Wasp Barcode Technologies, “Small Business Report – Accounting”, 2015.

Rochester Area Chamber of Commerce since May of this year. What do you find valuable in your membership to the organization? A: The Rochester Area Chamber of Commerce has been extremely supportive with a slew of resources that makes establishing a business in the area extremely convenient. The number of networking opportunities including the Business After Hours, AM Espresso and other events allows fledgling businesses such as Supporting Strategies the opportunity to meet and interact with other business owners and be a part of a vibrant business community.

Q: What is the outlook for your business and industry?

A: According to IBIS World – the outsourced

The above gives an idea of the tremendous scope of the industry and the growing needs of small/medium businesses to have quality bookkeeping support that is scalable with the growth in their business. To learn more about Supporting Strategies, visit them online at www.supportingstrategies.com/rochester-mn.

Managing Director, Rajeeb Rath (left) and Financial Operations Manager, Jodi Babcock (right) extend their services to both small and large businesses.

October 2021

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C Chamber News

Golf Tournament Recap

The 2021 Chamber Golf Outing Fall Classic was held at the Rochester Golf and Country Club.

The 2021 Annual Golf Outing - Fall Classic at the

Rochester Golf and Country Club, presented by La Crosse Sign Group, was a huge success. The weather was perfect for a day on the links, and the tournament went smoothly. This year, there were about 150 golfers representing different local businesses. While each team gave it their best shot, Merchants Bank ended up taking home the President’s Cup for the second year in a row.

Over 150 golfers joined us on the links.

This event could not have happened without the support of our incredible sponsors. Thank you to every single sponsor who sponsored our event. We greatly appreciate your support of the Chamber and the Rochester business community as a whole. See next page for a full list.

Special thank you to our Title Sponsor, La Crosse Sign Group. We greatly appreciate your support.

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October 2021


THANK YOU TO ALL OUR SPONSORS! Title Sponsor:

Eagle Sponsors:

Birdie Sponsors:

Atlas Insurance Knutson Construction Stinson Roofing and Reconstruction WSB & Associates At the Turn Sponsor:

The Bin Cleaners Cart Sponsor:

Lunch and Dinner Sponsor:

Drink Station Sponsor:

Minnesota 97.5 Hole Sponsors: • • • • •

Ability Building Community Altra Federal Credit Union Clifton Larson Allen LLP Custom Alarm EO Johnson

• • • • • •

DBS Group Haley Comfort Systems Home2 Suites by Hilton KIMT Labovitz MBA MetroNet

• • • • • • •

ONB Bank Premier Bank Reagan Outdoor Advertising River Valley Power & Sport ServiceMaster The Boldt Company Think Bank


C Chamber News

STEAM Summit Platinum Sponsor:

The STEAM Summit encourages more than 1,700

middle and high school students to pursue science, technology, engineering, art, and math careers by connecting them to business and higher education institutions which offer STEAM courses in a highly interactive, hands-on format. The future success of the Southeast Minnesota economy depends on a well-prepared pipeline of students with the education and skills needed to keep the region’s business and industry competitive. This summit brings together business, higher education, local government, and our community to prepare students for an increasingly competitive global marketplace and to encourage interest in in-demand careers. “The STEAM Summit might seem like just a one-day event, but I have heard that for the students who attend, it is very often much more than that. It is an event that exposes students to new ways of being in the world and reinforces the power of paths that some students were previously hesitant to follow. The STEAM Summit matters, and I hope you will join me in opening this door to the future for the young people of our community.” Said Dr. Pekel, Interim Superintendent for Rochester Public Schools. Register at https://bit.ly/3ESQ1FA to participate as an interactive exhibitor! Date: Tuesday, November 16, 2021 Time: 9:00am-2:00pm Location: RCTC Regional Sports Center, 851 30th Ave. SE, Rochester, MN Admission: Free, registration required

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Host Sponsor:

Silver Sponsor:

Bronze Sponsors:

Altra Federal Credit Union Bolton and Menk Minnesota Energy Resources Preventice WSB & Associates

Folder Sponsor:

Winona State University - Rochester

October 2021


Chamber News C

Join Us for the 2022 Annual Celebration Presenting Sponsor:

Join the Rochester Area Chamber of Commerce

for a night under the stars on Thursday, January 13th, 2022. This gala will feature engaging speaker, members, and entertainment to celebrate the success and growth of the business community in the Greater Rochester Area. Stay tuned for more details! Date: Thursday, January 13, 2022 Time: 5:00pm-8:30pm Location: Mayo Civic Center, 30 Civic Center Dr. SE, Rochester, MN Admission: Member Admission: $60 General Admission: $80

Gold Sponsor:

Silver Sponsor:

Bronze Sponsors:

The 2021 Annual Celebration brought the business community together for a night of fun.

Minnesota Energy Resources Rochester International Airport RSP Architects West Bank Table Sponsors: Altra Federal Credit Union Bolton and Menk Hawkins Ash CPA’s Winona State University

October 2021

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C Chamber News

Economic Summit Keynote Speaker Announced

Dr. Roger Tutterow

Economic Summit provides a current snapshot and forecast of the year ahead for the local, regional, and national economy, including insight into the economic trends impacting businesses in the Rochester region. Join us for this premier event on Thursday, December 2, 2021 to learn from industry leaders and this year’s keynote speaker, Dr. Roger Tutterow.

Featured Keynote: “Where We Go From Here: Navigation in a Post-COVID World” Dr. Roger Tutterow, Professor of Economics, Director of Econometric Center, Kennesaw State University Dr. Roger Tutterow’s analysis of the economic, business and political environments have been featured in a variety of media including Wall Street Journal, USA Today, Los Angeles Times, New York Times, CNN, CNBC, NBC, NPR’s “Marketplace” and “All Things Considered,” In addition to his work in academia, Dr. Tutterow has served as a consultant on financial economics and statistical modeling for corporate clients ranging from Fortune 500 companies to closely held businesses. Stay tuned for more agenda details! Date: Thursday, December 2, 2021 Time: 7:30am-11am Location: Rochester International Event Center, 7333 Airport View Dr. SW, Rochester, MN Admission: $45 Member, $55 General Admission, $30 Virtual Member, $40 Virtual General Admission

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Presenting Sponsor:

Gold Sponsor:

Silver Sponsor:

Table Sponsor:

RSP Architects

October 2021


Chamber News C

AM Espresso

AM Espresso is a monthly Networking PLUS event

brought to you by the Chamber. Come join fellow Chamber and community members to expand your network, promote your business, and enjoy delicious breakfast refreshments. We believe there is value for all in building a supportive business community. As the local economy shifts towards recovery, it is more important than ever to interact with each other to share ideas and best practices. Come join fellow Chamber and community members to expand your network, promote your business, and enjoy delicious breakfast refreshments. This month, you are invited to PossAbilities.

Business After Hours

Come and connect, make new connections,

expand your network, and build community while enjoying WSB & Associates. Date: Thursday, October 28 Time: 4:30pm-6:30pm Location: WSB & Associates, 3701 40th Ave. NW, Rochester, MN Admission: Free, registration required

Date: Friday, October 1 Time: 7:30am-9:00am Location: PossAbilities, 1808 3rd Ave. SE. Rochester, MN Admission: Free, registration required

October 2021

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C Community News

Mayo Clinic’s Chief Administrative Officer to Retire in November the organization was named the No. 1 hospital in the nation by U.S. News & World Report for six consecutive years, and Mayo Clinic achieved its best annual financial performance to date.

After 19 years with Mayo Clinic, Chief Administrative Officer, Jeff Bolton (pictured), will retire on Nov. 30.

Jeff Bolton, Mayo Clinic’s chief administrative

officer, has announced his plans to retire on Nov. 30. He has been Mayo Clinic’s chief administrative officer since 2013 and a member of the Mayo Clinic Board of Trustees since 2011. He joined Mayo Clinic in 2002 as its chief financial officer. “I am truly grateful to Jeff for his dedication and service during his 19 years in leadership roles at Mayo Clinic,” says Gianrico Farrugia, M.D., Mayo Clinic’s president and CEO. “I have appreciated his partnership and counsel, strong commitment to our mission and patients, excellent strategic insight and strong working relationships with people across Mayo Clinic. I’ve particularly valued his contributions to our COVID-19 pandemic response, his leadership to promote equity at Mayo Clinic, and his partnership to Cure, Connect and Transform health care for the benefit of our patients. He is a wonderful colleague and friend.” During Jeff Bolton’s leadership tenure, Mayo Clinic has made significant progress toward its “Bold. Forward.” strategic plan, including establishing the Center for Digital Health and Mayo Clinic Platform, and expanding the Mayo Clinic Model of Care to sites in London and Abu Dhabi. He played a key role in helping establish the Destination Medical Center initiative in Rochester ― the largest public-private economic initiative in Minnesota. During his tenure as the leader of Mayo Clinic’s administrative services,

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Jeff Bolton was named CFO of the Year in the Large Health Care Organization award category in 2010 by the Minneapolis/St. Paul Business Journal. The recognition noted his expert skills in helping guide Mayo through the 2008 recession and to a quick recovery, noting: “Bolton began shoring up the clinic’s finances long before the crash. He and other members of the senior leadership team saw at the end of 2007 that patient flow and volumes were changing, and they began to look for ways to reduce expenses and preserve capital.” “It has been the honor of my career to serve our patients alongside the best staff in health care,” says Jeff Bolton. “As I look back at the past 19 years, it is the people I’ve worked with and what we’ve achieved together for patients that stand out the most. I am confident in Mayo Clinic’s future because of our staff, culture, mission and enduring primary value to put the needs of the patient first.” Before coming to Mayo Clinic, Jeff Bolton held various finance-related positions at Carnegie Mellon University, including chief financial officer and vice president of Business and Planning. Jeff Bolton has a bachelor’s degree from Pennsylvania State University, and an MBA and a master’s in social work, from the University of Pittsburgh. He serves on the boards of directors of Resoundant Inc., the Destination Medical Center Economic Development Agency, St. Olaf College and Vizient Inc. A search process for Mayo Clinic’s new chief administrative officer is underway. A new chief administrative officer will be announced in the fall.

October 2021


Community News C

Historic Truck Museum Opens

Library Receives Federal Funding Rochester Public Library (RPL) is one of 260 libraries in the nation to receive Emergency Connectivity Fund Program support from the Federal Communications Commission (FCC).

The Nuss Collection contains of variety of historic vehicles from the trucking industry.

The Nuss Collection officially opened its doors to

the public on September 25th with a Ribbon Cutting Ceremony at 11:00am. This new Rochester-based museum invites the public into the story of the ride of the trucking industry, celebrating the vintage vehicles that built America and honor the many inspirational individuals who worked to preserve its legacy. Private tours are available upon request and admission is free.

On Friday, the FCC announced the first wave of funding for the program, totaling over $1.2 billion going to libraries, schools, and consortia throughout the United States. RPL received $619,000 of the ECF funding to support the purchase of connected devices for individuals lacking broadband connectivity. Federal officials say the program will help close the digital divide by making sure individuals have adequate broadband access. Library Director Audrey Betcher says the library will use the funding to purchase 1,000 Chromebooks with built-in WiFi. “The ECF program provides crucial internet service and equipment to connect families to the educational resources they need.”

“Growing up around Mack Trucks, the deep history of American trucking has been a part of our family for years. Our passion for preserving old historic trucks has become much more than a hobby. It has become an incredible opportunity to share the history and American legacy, preserving it for many generations to enjoy with the new museum,” said Greg Nuss, Executive Vice President/COO, Nuss Truck and Equipment.

To meet federal requirements of the program, RPL is partnering with local organizations to distribute the devices. “We are leveraging the expertise of our local non-profits, government colleagues, and schools to make sure we reach individuals with already-identified needs,” explains Betcher, adding, “We expect the demand to be high for these devices, and by leveraging our partnerships, we can be more efficient in rolling out the program.”

The Nuss Collection is a non-profit foundation 501(c) (3) and donations can be made to the museum by contacting rnuss@nussgrp.com.

Olmsted County non-profits serving under-resourced residents are invited to reach out to the library if interested in learning more about the program. Organizations can contact Karen Lemke at klemke@rplmn.org.

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R Ribbon Cuttings

Ribbon Cuttings

Congratulations to the following members on their successful Ribbon Cuttings!

Healing Rhythms Music Therapy

Cascade Creek Memory Care

847 5th St. NW, Rochester, MN www.healingrhythmsmt.com

3530 Fairway Ridge Lane SW, Rochester, MN www.anthemmemorycare.com/senior-living/mn/ rochester/cascade-creek/

NH Boutique

Baymont Inn by Wyndham

1827 S Broadway, Rochester, MN www.nhboutique.com

1230 S Broadway, Rochester, MN www.wyndhamhotels.com/baymont/rochester-minnesota/baymont-rochester/overview

Grounded Evolution

EVEN Hotels | Staybridge Suites

Healing Rhythms Music Therapy celebrated their new location and expansion with a ribbon cutting on August 24. Executive Director, Christina Wood, cut the ribbon.

NH Boutique celebrated their new location and new Chamber membership with a ribbon cutting on August 26. Nevaeh Snyder cut the ribbon.

Grounded Evolution celebrated their Grand Opening and new Chamber membership with a ribbon cutting on August 31. Owner and Founder, Maria Serbus, cut the ribbon. 3257 19th St. NW, Suite 3, Rochester, MN www.grounded-evolution.com/

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Cascade Creek Memory Care celebrated their Grand Opening and new Chamber membership with a ribbon cutting on August 25.

Baymont Inn by Wyndham celebrated their renovation and new brand with a ribbon cutting on August 26.

EVEN Hotels | Staybridge Suites celebrated their Grand Opening and new Chamber membership with a ribbon cutting on September 2. 101 11th Ave. NW, Rochester, MN www.ihg.com/evenhotels/hotels/us/en/rochester/

October 2021


Ribbon Cuttings R

Overland Elementary School

Overland Elementary School celebrated their Grand Opening with a ribbon cutting on September 8. Overland Elementary School Principal, Jared Groehler, cut the ribbon. 2300 Overland Dr. NW, Rochester, MN www.rochesterschools.org

Get Healthy

Get Healthy celebrated their new ownership and new Chamber membership with a ribbon cutting on September 17. Stacy Sandquist cut the ribbon. 1617 North Broadway Ave., Rochester, MN www.facebook.com/GETHealthyMN/

Best Western/Empire Event Center

The Nuss Collection

1517 16th St. SW, Rochester, MN www.bestwestern.com/en_US/book

6300 US Hwy 63 S, Rochester, MN www.nussbuildingamerica.com

UMR - The Nest

Computer Integrated Technologies (CIT)

318 1st Ave, SW, Rochester, MN www.r.umn.edu

2571 Clare Lane NE, Unit 107, Rochester, MN www.cit-net.com

Best Western/Empire Event Center celebrated their new leadership with a ribbon cutting on September 23.

The University of Minnesota Rochester celebrated the Grand Opening of their new Student Center, the Nest, on September 29.

October 2021

Nuss Trucking celebrated the Grand Opening of their new museum, The Nuss Collection, with a ribbon cutting on September 25.

Computer Integrated Technologies celebrated their new Rochester location and new Chamber membership with a ribbon cutting on September 30.

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E Event Lineup

Event Lineup OCTOBER 1

OCTOBER 15

AM Espresso - PossAbilities

Women’s Roundtable

Date: Friday, October 1, 2021

Date: Friday, October 15, 2021

Time: 7:30am-9:00am

Time: 7:30am-9:00am

Location: PossAbilities, 1808 3rd Ave. SE, Rochester,

Location: Rochester Area Chamber of Commerce

MN

Conference Room and Virtual Zoom

FREE - Registration required

FREE - Registration required

OCTOBER 28

OCTOBER 28

Hospitality 1st Roundtable

Business After Hours - WSB & Associates

Date: Thursday, October 28, 2021

Date: Thursday, October 28, 2021

Time: 9:45am-11:00am

Time: 4:30pm-6:30pm

Location: Mayo Civic Center, Suites 102 and 103, 30

Location: WSB & Associates, 3701 40th Ave. NW, Ste.

Civic Center Dr. SE, Rochester, MN and Virtual Zoom

100, Rochester, MN

FREE - Registration required

FREE - Registration required

NOVEMBER 5

NOVEMBER 18

AM Espresso - Towneplace Suites by Marriott Rochester Mayo Clinic Area

Business After Hours - Merchants Bank

Date: Friday, November 5,

2021

2021

Time: 4:30pm-6:30pm

Time: 7:30am-9:00am

Location: Merchants Bank, 3586 55th St. NW,

Location: Towneplace Suites by Marriott Rochester

Rochester, MN

Mayo Clinic Area, 601 2nd St. SW, Rochester, MN

FREE - Registration required

Date: Thursday, November 18,

FREE - Registration required

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October 2021


Welcome to the Chamber W

Welcome to The Chamber! Introducing our newest members. Towneplace Suites by Marriott Rochester

Workshop Food Hall and Bar

Cascade Creek Memory Care

TJ’s DJ & Photography

Market & Johnson

SpotOn

Get Healthy

Whole & Happy Living

Andy Thilges (507) 696-8820 601 2nd St. SW, Rochester, MN 55902 www.marriott.com/RSTTM

Theresa Bigalk (507) 414-7900 3530 Fairway Ridge Lane SW, Rochester, MN 55902 www.cascadecreekmemorycare.com

Branden Yates (608) 784-5000 1652 Lakeshore Dr., La Crosse, WI 54603 www.market-johnson.com

Cindy Clayton (507) 461-5802 1617 N Broadway Ave. Rochester, MN 55906 www.facebook.com/GETHealthyMN

Kari Friederichs (507) 993-6831 1232 3rd Ave. SE, Rochester, MN 55904 www.workshopfoodhall.com

Gajendran (Moses) Pecinovsky (507) 226-2655 1011 West Center St., Rochester, MN 55901 www.tjdjphoto.com

Matthew Narveson (507) 272-0708 705 James St. NE, Chatfield, MN 55923 www.spoton.com

Whitney Prude (801) 547-7462 2362 21st Ave. SE, Rochester, MN 55904 www.mywholeandhappylife.com

Do you know of a business that has recently opened in Rochester? Are you connected to a business-owner looking to expand their network? Then a Chamber membership is right for them! Please contact chamber@rochestermnchamber.com with any referrals.

October 2021

Advantage Magazine | 21


WHERE IS THE ADVANTAGE?

Think you know what historical landmark The Advantage is at? Send your guesses to Katie Becker at kbecker@RochesterMNChamber.com for your chance to be feautured on the Chamber’s social media pages!

August’s Advantage was inside of Bowlocity Entertainment Center! Bowlocity offers 34,000 sq. feet of fun including bowling and arcade games.


Periodical Postage

220 South Broadway, Suite 100 Rochester, MN 55904 507-288-1122 www.RochesterMNChamber.com

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Rochester, MN


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