The project financed tenant improvements to accommodate a new headquarters for Rosetta, the nation’s largest independent interactive agency.  The growing digital marketing company relocated over 370 employees to downtown Cleveland.  The balance of the building was renovated for rental residential use.

Project Partner: US Bank

Project Details

Completed 2011
Location 629 Euclid Avenue; Downtown
Project Type Mixed Use; Rehab
Program 72,000 SF office; 97 apartments
Sponsor MRN Ltd.
CDA Investment $1.5 million loan from CNMIF
Total Project Costs $9.3 million
Community Demographics Poverty Rate: 53%
Median Income: 15.4%
Unemployment Rate: 18.7%


  • Diversity and Inclusion

    The developer committed to construction participation goals for Minority, Female and Cleveland Small Businesses (MBE/FBE/CSB) as well as minority, female, and City of Cleveland resident workers.

  • Job Creation

    The project will create 220 construction and over 200 permanent jobs.

  • Accessible Public Transit

    The project is located on the RTA Healthline, the bus route that connects University Circle to Public Square.