Our Mission

Who We Are

Basco is a Detroit-based owner-developer focused on constructing creative communities through adaptive-reuse of historic structures and ground-up development in mixed-use neighborhoods throughout Southeast Michigan.


Founded in 2001, Basco began as a real estate investment and development company with a target of investing in walk-able districts in metro Detroit. The Company has since grown to be in the forefront of developing up-and-coming neighborhoods and business districts, with a keen respect for the past and a relentless effort in place-making.

Basco has made significant and focused investments in and around Downtown Detroit and is one of the leading developers in the City’s resurgence. Some of Basco’s latest accomplishments include the redevelopment of the Albert Kahn masterpiece at 751 Griswold, which is now the home of Marxmoda; the conversion of the US Mortgage Bond Building at 607 Shelby into a state-of-the-art mixed-use multi-office and retail property; and a complete gut-and rebuild of 220 Congress into a mixed-use tech hub anchored by Venture-X.

Roger 2019 headshot

Roger Basmajian

Roger Basmajian, a graduate of the University of Michigan in Architecture, is the founder and CEO of the real estate development and investment firm, Basco. With over 22 years of experience in creating walk-able communities, he understands how to bring a multitude of concepts and means together to ensure a successful investment.

He is a firm believer in place-making and applies this approach on all projects. Roger has cultivated a vast network of relationships with industry and community leaders, as well as perfecting tools that take projects from conception to construction, and ultimately to delivery.

Among many of his accomplishments has been being the leading force in the transformation of Downtown Ferndale into one of the most vibrant hot spots of Metro Detroit.

Roger is currently focused on bringing that same success to Detroit with multiple projects underway and completed in Downtown Detroit.

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