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61 units, retail eyed for 12th Avenue

February 7, 2017

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61 units, retail eyed for 12th Avenue

February 7, 2017

 

The developer of a proposed mixed-use Capitol Hill apartment building will show plans for early design guidance next Thursday.

 

 

On site of the Car Tender auto repair shop, at 1208 E. Olive St., owner RYI Olive LLC is proposing a five-story building with 61 units above 11,500 square feet of retail. In the preferred U-shape option, there would be eight parking spaces and a large bike storage room above grade. The building would have a roof deck. Total project size would be about 80,000 square feet.

 

The 17,000-square-foot site is at the northeast corner of Olive and 12th Avenue, just north of the 12th Avenue Arts Building. RYI Olive is an entity of Haolin Zheng's Bellevue company Run Yong Investment. RYI bought the property last summer for $7.6 million.

 

On its website, RYI lists among its projects a completed 54-home tract housing development in Keizer, Oregon and luxury single-family custom homes in Bellevue and Mercer Island. It describes 1208 Olive as “provid[ing] the tech professional with a modern streamlined home in Capitol Hill only a block from Cal Anderson Park.”

 

Miller Hull is designing 1208 Olive. Site Workshop is the landscape architect.

 

- Daily Journal of Commerce -

 

The design-review meeting is set for 6:30 p.m. Wednesday, Feb. 15 at Seattle University's Chardin Hall, 1020 E. Jefferson St.

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Run Yong USA LLC | 11235 SE 6th Street, Bellevue, WA 98004

robin.c@ryigroup.com

425-451-7717