CrossCountry Mortgage breaks ground on $46 million headquarters project

CrossCountry Mortgage announced Friday that it had started construction on its $46 million corporate campus in Cleveland, which the company said will be the city’s largest new headquarters project in nearly a decade.

Once the construction of the 168,000-square-foot campus at 2152-2160 Superior Avenue is complete, CrossCountry will employ more than 600 people in Cleveland. The Ohio-based retail mortgage lender currently has nearly 6,800 employees and operates in all 50 states through a network of over 500 offices.

“We are the quintessential Cleveland story – we have built this business from the ground up through hard work and a shared commitment to make the mortgage process easy, stress-free and rewarding,” said Ronald Leonhardt, Jr., founder and CEO of CrossCountry Mortgage. “Like the tens of thousands of customers we help serve each year, we can’t wait to move into our new home, located in an exciting and culturally rich neighborhood that has played a vital role in Cleveland’s history.”

“This is another outstanding example of continued progress toward the revitalization of a historic neighborhood, and it brings new growth opportunities to Northeast Ohio,” said J.P. Nauseef, JobsOhio president and CEO. “We appreciate the close collaboration with our partners and CrossCountry Mortgage to help the company continue its success in Ohio.”

CrossCountry also said that the facility will feature a 4,600-square-foot training center, where it will train thousands of recruits who want to pursue careers in loan processing, underwriting, and closing.

“Our new work environment and central location will help make our training activities even more appealing and effective,” CrossCountry chief operating officer Jennifer Stracensky said. “Participants will be able to explore new career paths while learning and working in a beautifully restored facility located in an amazing part of Cleveland. The opportunity here is enormous.”