creating better places
Mixed-use development
Long before mixed-use development was popularized in America in the 1990s, LCOR proved the efficacy of the concept — with successful planned developments in urban and suburban locations.

In fact, LCOR has long held that “better places” are always well planned and often defined by their mixed uses... be they for living, learning, working, traveling or playing.

Planned developments that integrate mixed uses are appealing for a number of reasons: They encourage long-term thinking about communities, including growth, traffic patterns, the environment, and the highest and best use of buildings and land... they are inherently convenient for the people who take advantage of their multiple uses... and there is a vibrancy to them generated by the comings, goings and doings of people engaging with a place in different ways.

Thinking as a place-maker, LCOR in the late 1960s and early 1970s conceived two planned urban developments in suburban New Jersey: Princeton Meadows in Plainsboro and Greentree Village in Burlington County. Today, the company has three more planned developments at various stages:

  • North Bethesda Center at White Flint Metrorail in North Bethesda, Maryland: LCOR’s master plan for the project includes approximately 930,000 square feet of office space, 1,275 residential units, a 320-room full-service hotel, and 202,000 square feet of retail space. With an estimated cost of $850 million, this town-center style development is expected to generate approximately 5,400 new jobs.
  • Hoboken Terminal and Yard in New Jersey: Selected by NJ Transit, LCOR is master planner and developer for the 65-acre property that unites Hoboken and neighboring Jersey City, where LCOR will create a next-generation integrated transit center and gateway for the Hudson waterfront that will include office, retail and residential components.
  • COMSAT Campus in Clarksburg, Maryland: LCOR owns a 227-acre site in suburban Washington, D.C. LCOR plans to develop the overall site to create a mixed-use community, with approximately 1,500 residential units, 125,000 square feet of retail and up to two million square feet of office space.

 

North Bethesda Center Bridge

North Bethesda Center
North Bethesda, MD
(Phase I Completed 2008)

Hoboken Terminal and Yard

Hoboken Terminal and Yard
Hoboken, NJ
(Planned))

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