RED WING, Minn. — Mayo Clinic Health System and Global Mercantile jointly announce that the companies have entered into a purchase agreement for Global Mercantile to purchase the Professional and Community Center in Red Wing.
Mayo Clinic Health System announced in February 2018 its plans to decommission the Professional and Community Center and relocate staff and services to the Seminary Professional Building, previously known as the Seminary Memorial Home, located at 906 College Avenue, Red Wing, Minnesota.
As of mid-December, Behavioral Health, Integrative Medicine and Health, and Hospice services, along with support staff and CARE Clinic, a non-profit organization that provides essential health care services to the underserved people in the community relocated to the Seminary Professional Building.
“With our staff and services settled in the new space and the Professional and Community Center now empty, the purchase agreement comes at a perfect time,” says Steve Gudgell, Vice Chair of Administration, Southeast Minnesota, Mayo Clinic Health System in Cannon Falls, Lake City and Red Wing. “There have been many conversations with the purchaser leading up to this announcement, so it is exciting to see it come to fruition and become a reality.”
Global Mercantile plans to rededicate the Professional and Community Center building to help meet the housing needs in the community. “Affordable housing has consistently been identified as a top priority through local assessments,” says Brian Whited, M.D., CEO, Mayo Clinic Health System in Cannon Falls, Lake City and Red Wing. “We were lucky to find a buyer in Global Mercantile who understands the needs of our community.”
Founder of Global Mercantile, Pablo Murillo says he is excited to have the opportunity to purchase the property from Mayo Clinic Health System and partner with the City of Red Wing to shape the future housing solutions and work with local businesses on economic development. “We look forward to a collaborative design process that results in a smart, practical, and elegant housing solution that meets Red Wing’s unique needs,” says Murillo. “It is our pleasure to re-imagine this community asset by incorporating the amenities, design, and affordability that will attract new residents and encourage the public to rediscover Red Wing as a beautiful and thriving community and economy. I am inspired to work with a city that is responding to the vocal and growing demand for housing people can afford while giving them access to all the city has to offer. This project is a fresh opportunity for meaningful collaboration among community stakeholders, and we are encouraged by the response to this project so far.”
Murillo says, “Red Wing has such a unique appeal with its historic downtown, exceptional recreation, stunning views, and port access that the Mississippi River provides." Murillo offers a quote from Red Wing Ignite, ‘“The city’s new startup, innovation, and technology center gives Red Wing greater access to national resources for building applications around education, workforce development, public safety, community health, smart energy, and transportation.”’ Murillo goes on to share, “We are truly honored to be a part of the common vision for creating practical, yet beautiful, architecture that will be an intrinsic component of Red Wing’s culture and history, offering understated solutions to this pressing need for a dignified blend of affordable and beautiful market-rate housing designs."
Press ContactAmanda Beltz