Rosetta

New Markets Tax Credit Coalition

Cleveland,
OH
(2010)

Rosetta

Mixed-use

Investment

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

IMPACT

435 FTE jobs
68 construction jobs

CDEs

Cleveland Development Advisors

Investor

US Bank

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

Urban Community School Education and Wellness Campus

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OH
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Behavioral Health, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): Grow America, Low Income Investment Fund, PNC

Development of a project, including a 17,400 square foot early childhood and parent development center, a 32,650 square foot federally qualified health center with a 115 square foot food bank

Ronald McDonald House Cleveland

Cleveland,
OH
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Community, Healthcare, Ronald McDonald House

CDE(s): Chase, Finance Fund, WesBanco

An $11.2 million, 20,000 sq. ft. expansion of a Ronald McDonald House added 17 new guest rooms to the current 37.

APackaging Group

Defiance,
OH
(2023)

Business Development, Manufacturing

CDE(s): Fort Wayne New Markets Revitalization Fund, Mascoma Community Development, PNC

APackaging Group Receives New Markets Tax Credits to expand its facility, create quality jobs, and make a positive environmental impact.

Menlo Park Academy

Cleveland,
OH
(2016)

Municipal Facilities, Schools

CDE(s): Cleveland Development Advisors

Rehabilitation of the vacant Joseph And Feiss Company factory location into a home for Ohio’s only k-8 tuition free community school focused on gifted learners.