University of Minnesota-Rochester to explore P3 for campus dining
Minnesota – The chancellor of the University of Minnesota-Rochester (UMR) is advocating public-private partnerships (P3s) as tools for the growing university to expand its footprint without seeking state funding to maintain the new facilities.
University of Minnesota-Rochester-The Loop restaurant
On November 9, the Rochester City Council approved UMR’s request to draw $2.4 million from the sales tax held by the city for UMR facility development in order to occupy a former restaurant near the campus.
UMR plans to relocate a student lounge into the renovated restaurant space and procure campus dining services. As part of the expansion plan, the university is exploring options for renovating the existing student lounge into faculty offices and student study space.