Cumberland Luxury Units Sit Empty, Maine Warning Sign
What Is The Mark at Cumberland Foreside? Where it rises at 100 US Route 1 in Cumberland Foreside, The Mark is a 45-unit luxury condominium development. It’s housed in a four-story, 64,795-square-foot building on more than three acres. It sold at a court-ordered bankruptcy auction for $15.7 million on Sept. 17. Construction started in late 2022 and finished in late 2024. The project has a certificate of occupancy in hand. It offers 24 one-bedrooms and 21 two-bedrooms. Maine’s broader housing market has seen home sales jump 11% year over year, underscoring continued demand even as pricing rises. Disruption Snapshot The naming origin ties to lead developer Mark McClure. It positions the property as a signature address in the Foreside. Benchmark Real Estate has marketed units for tours. Spring 2025 move-ins are projected. Design and Living Systems Architectural features include a bottom-level parking garage and resident storage. Amenities also include a gym, security systems, and heat pu...