New Markets Tax Credit Coalition

Search

Rosetta

Investment

  • NMTC Amount: $1,500,000
  • Total Project Cost: $13,818,760

IMPACT

  • 435 FTE jobs
  • 68 construction jobs

Investor

Project Description

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.

MAP

Address: 629 EUCLID AVENUE, Cleveland, OH 44114

Census Tract: 39035107701

Other Ohio Projects

Rural King used the proceeds of a NMTC Loan to finance acquisition and installation costs of certain equipment and machinery to be used by Rural King in its 1,000,000 sq.

Construction of a recreation center generating 100 construction jobs, retaining 40 current employees and employing 35 additional full-time staff.
Financing to expand the capacity and efficiency of a food bank distribution center as they fight food insecurity in a 20-county tri-state region.
The project will construct a new 34,000 sq. ft. facility allowing for more efficient use of space for programs and services.