LV_INSTALL_LIBRARY_DIR not set

CMake Error at CMakeLists.txt:3 (message):
LV_INSTALL_LIBRARY_DIR not set

Does the LV_INSTALL_LIBRARY means and LV_SUPERBUILD_DIR or LV_CORE. I encounter the error when i try to build the enviroment based on Application as a source dir instead of LVSuperbuild or LVCore. Is this what this error means that it needs to build with either one of two and not from Application?