MUP arrives for 586-unit project in the U District
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MUP arrives for 586-unit project in the U District

May 22, 2024

Seattle Daily Journal of Commerce

Original Article by Brian Miller

Onelin Capital received its Master Use Permit for its One X development in the University District. It will be built on the original University Mazda property. The project stands as a testament to Onelin’s commitment to excellence. Collaborating with esteemed partners such as JTM Construction and MZA Architecture, the development promises to redefine urban living. Situated on the main University Mazda property, OneX will feature two striking 22-story towers comprising 586 units.

OneX prioritizes pedestrian and cyclist access. With the University District Station nearby, underground car parking has been reduced to 86 stalls. Instead, the project boasts 490 secure bike stalls, encouraging sustainable transportation options.

This thoughtfully designed development will total over 530,000 square feet and contribute to the vibrancy of the University District.

About Onelin Capital

OneX marks Onelin Capital’s second project in Seattle. This global development firm boasts over 30 years of experience and manages $2 billion in tech and real estate assets. Onelin leverages its affiliation with Guangdong Zhonghuan Investment Group, a multi-billion dollar conglomerate, to bring international expertise to local projects.