LCOR RECEIVES APPROVAL FOR PHASE I OF THE COMMONS

MCLEAN, VA. — LCOR has received county approval for the development of The Commons, a transit-oriented community to be constructed in McLean. Phase I will include the property’s north parcel, which comprises 21 acres located at the corner of Anderson Road and Chain Bridge Road. LCOR received approval to develop up to 2,500 residential units, approximately 50,000 square feet of street-level retail space and green space. LCOR anticipates beginning construction for Phase I in the second half of 2014.