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Historic Cleveland Office Building Poised for Multifamily Conversion After $100 Million Commitment

Joint Venture Plans Mixed-Use Overhaul of 125-Year-Old Building
The Rose Building, the longtime headquarters of Medical Mutual in downtown Cleveland shown at center above, is expected to be converted to a boutique hotel and contemporary apartments after more than 100 years providing office space. (CoStar)
The Rose Building, the longtime headquarters of Medical Mutual in downtown Cleveland shown at center above, is expected to be converted to a boutique hotel and contemporary apartments after more than 100 years providing office space. (CoStar)
CoStar News
June 27, 2024 | 2:10 P.M.

A joint venture between Ohio real estate firms Spark GHC and Cleveland Construction is committing more than $100 million to the purchase and conversion of a historic office building in the heart of downtown Cleveland into a mixed-use development including apartments and a hotel.

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