Before being named Roosevelt, this road had a history dating back to the early 20th century.

Just two years later, in 1947, the road underwent significant expansion, becoming a major north-south thoroughfare in the city.

This area once housed buildings belonging to the Monopoly Bureau, an agency established by the Japanese to control the production and trade of essential goods such as tobacco, alcohol, camphor, table salt, and oil.

"[2] Roosevelt Road passes through a number of commercial districts, schools, and government offices.

It is the major access road to downtown Taipei from southern suburbs like Xindian and Jingmei, with heavy traffic at peak hour.