BETHESDA, MD—LCOR has tapped ThomasBetts to be project manager for GatewayMarket—the company's planned mixed-use development in theUnion Market district. A project manager for Federal Realty Trust,Betts has over 25 years of experience in construction managementand consulting in commercial, mixed-use and residential realestate.

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

The 190,000-square foot project, which is expected to deliver in2017, will be the first residential offering in the Union Marketdistrict with some 188 apartments and 30,000-square feet ofground-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.