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FISHERS, IND. — Watermark Residential has broken ground on a $22 million luxury apartment community in Fishers, located about 20 miles north of Indianapolis. Watermark on Cumberland will include 220 apartments in three multi-story buildings. Each building will include two elevators. Amenities include a clubroom, pool with cabanas and detached garages. Project completion is scheduled for 2014.Watermark Residential is a full-service multifamily housing developer based in Indianapolis.