Multi-target debug cwd configuration

My workspace is structured like so:

${workspaceFolder}
  |----- CMakeLists.txt 
  |
  |----- build/
  |
  |----- projects/
             |----- projectA/
             |        |----- src/
             |        |----- out/
             |        |----- resources/ 
             |        |----- CMakeLists.txt 
             |
            ... (3 more identically structured projects)

When debugging, I want CMake Tools to set the cwd to each project's out directory because I distribute the files from resources/ to out/ and access them using relative paths.
The cwd is currently set to ${workspaceFolder} which means none of the resources are found.

I have tried putting this in each project's CMakeLists.txt but it did not work

set_property(TARGET ${PROJECT_NAME} PROPERTY VS_DEBUGGER_WORKING_DIRECTORY ${CMAKE_BINARY_DIR})

Any suggestions?

Edit: ${CMAKE_BINARY_DIR} is set to ${PROJECT_SOURCE_DIR}/out in each project's CMake Lists.txt

Start with the reported workspace layout and the CMakeLists.txt files; reproduce how CMake Tools chooses the debug cwd for multiple targets. Trace the existing debug configuration path, with completion defined as each target using its project's out directory and the behavior covered by a regression test or documented limitation.