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New owner moves to finish The Mark; planning board approves minor subdivision amendment
Summary
The planning board approved an amendment to the major subdivision for The Mark at 102 U.S. Route 1 after the propertyas new owner described recent financing, mechanics-lien resolution and near-term plans to finish construction and sell the property by auction.
The Cumberland Planning Board approved an amendment to the major subdivision for The Mark, a mixed-use project at 102 U.S. Route 1, during its Aug. 19 meeting after hearing from the property s new owner and representatives about recent financing and progress toward completing construction.
Why it matters: The project stalled in late 2024 when the prior owner ran short of funds and mechanics lien claims were filed against the property. The current owner, Mark Real…
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