UAE based Bloom Realty development for the Rochester Riverfront include two towers with condos, apartments, hotels, and office space. Diagram shows the right tower at 24 floors and the left tower at 23 floors. Bloom hopes to submit the whole proposal to the Rochester city council by the end of 2016. I don't know what the official name is right now so the name is a placeholder until someone can get the official name.
ROCHESTER – A $257 million riverfront project barreling toward approval in Rochester’s Destination Medical Center zone has all of the hallmarks planners wanted: deep-pocketed private investors, towers that help transform the city’s skyline, a healthy contribution to city tax collections, and new connections to the city’s mostly dormant riverfront.
It’s a “home run” of a project, in the words of DMC Board Member R.T. Rybak, and two public hearings this week will raise the likelihood that construction on Bloom International Realty’s riverfront development could begin later this year.
An expensive and high-profile development in Rochester, Minn., is dead.
Representatives from the Abu Dhabi-based developer, Bloom Holding, said late last year they might scale back their plans, and then failed to meet a city deadline to say how they planned to move forward on the property.
The $230-million project would have put condo, retail and hotel space on a plot of city-owned land on the banks of the Zumbro River. The project would have been the largest private investment in the taxpayer-subsidized Destination Medical Center economic development plan.