Minnesota Timberwolves, Lynx Are Taking Over Minnepolis’ Block E
By Sarita Kelly
The Minnesota Timberwolves are partnering with the Mayo Clinic to create a sports medicine facility, provide team doctors for the Timberwolves and Lynx professional basketball teams, and put its name on the city’s downtown Block E commercial and entertainment development.
Team and clinic officials announced the deal Tuesday at a news conference in Minneapolis.
The Rochester, MN based medical system will invest between $5 and $7 million to create a 20,000-square-foot sports medicine clinic on the building’s third floor. The clinic will be available not just for professional athletes, but also general patients in the Twin Cities.
Also on the third floor, the two basketball teams will spend $20 million to create a new practice facility. The clinic will also take naming rights for the facility and will name it Mayo Clinic Square.
The deal with the sports teams fits with a broader push at Mayo to expand sports medicine services.
Camelot LLC, which owns the building at 600 Hennepin Ave., plans to spend $50 million on a complete renovation of the Block E development.