The DiCosola Group is on the forefront of a new type of luxury suburban living
February 15, 2021
For people who want to rightsize and stay in the suburbs—but who still desire luxury living—the DiCosola Group is pioneering a condo development in Elmhurst (a western suburb of Chicago) that offers all of those options.
One95 Elmhurst www.elmhurstone95.com is a modern, 20-unit condominium building with premium three-bedroom, two-and-a-half bath units with two different floor plans both measuring approximately 2,200 roomy square feet: https://www.elmhurstone95.com/floorplans
“I wanted to develop and build a high-end condo project in Chicago’s suburbs because it didn’t really exist, but there is definitely a demand,” says Nick DiCosola, President of Dicosola Group and co-developer and general contractor for One95 Elmhurst.
For certain groups of homeowners, like empty nesters and retirees, who no longer need the square footage of their family homes, but desire the same high-quality construction, neighborhood feel and low-maintenance lifestyle, there weren’t many options. It doesn’t make financial sense to do a high-end remodel in a mid-level condo building, and most people who are living in the suburbs aren’t looking to move into a high rise in the middle of downtown Chicago.
One95 Elmhurst broke ground in 2018 and is 55% sold, with the rest of the construction wrapping up in Spring 2021. The available condos are priced from $924,900-$1.2 M and are highly-customized, with each unit offering a slightly different feel.
“My partner and I have been highly involved in the design of each condo from day one,” says Nick. “We want these units to showcase the highest quality materials and design elements while having a universal and timeless appeal.”
Each unit in the six-story building features open layouts, 10-foot ceilings, oak hardwoods throughout, premium appliances (like Sub-Zero and Wolf in the kitchen), fixtures and finishes. The condos are all corner units with large picture windows, designed to maximize natural light. Get a feel for the design elements here: https://www.elmhurstone95.com/gallery.
And while this type of development may seem like a no-brainer to its target market, luxury condo builds in the suburbs aren’t in every developer’s wheelhouse. “They can be a challenge,” admits Nick. “You’re dealing with one building and 20 unique buyers who all want a highly customized unit, versus developing a multifamily apartment or condo building that maybe has three different types of standard units.”
But this is why Nick loves what he does. He has spent years building teams and vendors that match his vision for premium residential construction. He’s also an expert at recognizing trends, and the shift from city living to the suburbs isn’t going away any time soon. The high level of service offered by the DiCosola Group is unrivaled, and Nick and his team are experts at working with clients who expect not only a high-quality product, but the service to match.
Since One95 Elmhurst began construction, there are a few similar projects in the works in other nearby Chicago suburbs, but the demand for this type of housing is on the rise as the migration from city to suburban dwelling continues to increase, baby boomers retire, and people desire smaller, but smarter, living spaces.
Interested in learning more about One95 Elmhurst or touring the units? Visit www.elmhurstone95.com or contact us below.