BETHESDA, MD—LCOR has tapped Thomas Betts to be project manager for Gateway Market—the company's planned mixed-use development in the Union Market district. A project manager for Federal Realty Trust, Betts has over 25 years of experience in construction management and consulting in commercial, mixed-use and residential real estate.

In June the company announced it had closed on a mixed-use development site at 340 Florida Ave., NE.

The 190,000-square foot project, which is expected to deliver in 2017, will be the first residential offering in the Union Market district with some 188 apartments and 30,000-square feet of ground-floor retail. Edens will manage the retail component.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.