LCOR, a fully integrated real estate company specializing in property development, investment and management, announced Thursday it closed on a Montclair development site at 638 Bloomfield Ave.
In an announcement, LCOR said it plans to develop a 304,271-square-foot mixed-use property at the site with The Pinnacle Cos., providing a mix of new residential, retail and office space. The project would be the first phase of the Montclair Center Gateway Development Plan, to include 259 residential units, 571 parking spaces, and office and retail space, according to the companies. The second phase would include a hotel.
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