The 2024 Cornerstone Awards were handed out at the 2024 DGEDC Annual Luncheon on September 12, 2024 at the DoubleTree Suites Downers Grove
Dash Downers Grove
The Opus Group completed construction on the newest multi-family project in the Downtown in 2023. Opening to great fanfare, this 274,000-square-foot, 167 apartment building brings another Class-A residential building to Downers Grove.
Dash Apartments offer a mix of one-, two- and three-bedroom units and offers best-in-class amenities such as a pool deck, club room, fitness center, pet spa and dog run, and a bike lounge. The entire building is wi-fi enabled and offers smart appliances, lights and HVAC systems throughout.
One more detail of note, of the 304 off-street parking spaces in the building, 71 spaces are provided to First Baptist Church of Downers Grove for use during community activities and services.
Oak Trace Senior Living
Completed earlier this year, Oak Trace Phase II was one of two large multi-family projects completed in the past 18 months in the Village of Downers Grove.
Phase I, completed in 2019, added a new 4-story healthcare center that included a physical therapy gym, dialysis center, nursing unit, assisted living apartments and memory support suites.
Expanding on the impressive Phase I, Phase II added a 5-story residential living building that included 145 independent living apartments. A commons building was included in this phase of development to create a main entrance and reception area for the community, providing connectivity to the new residential wings and the existing facilities on campus. The new commons building also provided ample underground parking for the expansion and is now a central location for the community’s amenities.
Indvestia Capital
Completed in 2023 by Indvestia Capital, the 6,400 SF multi-tenant building at Ogden Avenue and Highland Avenue adds new restaurant and retail opportunities along Downers Grove’s well traveled Ogden Avenue corridor.
Opening this past Summer, the community welcomed McAlister’s Deli, Pearl Vision and Buffalo Wild Wings Go, completely occupying the building.
One detail o
f note, since opening, tenants have employed 80+ Downers Grove North High School students and have already been active in the community sponsoring teams and events.
Old Second Bank
Completed in 2023, Old Second bank relocated 90 plus employees to their new offices at 3010 Highland Parkway in the Highland Landmark III building.
Renovating over 31,000 SF, Old Second wanted to create a space for employees that was collaborative and could be used as a recruitment tool. Due to incredible growth starting in 2021, the bank decided to relocate key members of the leadership team and critical departments from various buildings in Aurora and surrounding areas, under one roof in Downers Grove.
The new office’s design was very purposeful with an eye on collaboration and team building. The location of the building and surrounding community was also a major contributing factor to its selection. With great access to the Interstate System and Metra, along with great restaurants and retailers located in Downtown Downers Grove and the Butterfield Road corridor, the location would be a great draw for new employees.
Today, 90 pl
us employees in 10 different departments, including 10 members of the bank’s c-level and senior level management, work from the new Downers Grove location, with room for up to 130 total employees.
Warespace
WareSpace, a multi-tenant warehouse solution for start-ups and small businesses opened in the Elsworth Business Park in 2022 at 5200 Thatcher Road.
This 74,000 SF modern flex-warehouse offers all of the amenities a growing would need. Offering four levels of membership, WareSpace has spaces from 250 SF up to 2,000 SF, including private office suites.
On the management side of the business, WareSpace provides on-site management including 24/7 support and security. There is a reception area for client guests, a lounge and kitchen. Clients can book conference and meeting rooms by the hour as well as private office spaces for calls.
On the warehousing side of the business, WareSpace provides multiple loading docks, drive-in doors, kitting areas for large assembly projects. Each warehouse unit provides racking and shared pallet equipment.
