There are a number of reasons the city of San Antonio, TX is growing, adding 30,000 people to its permanent population in the past twelve months, notes Marcus Hiles. The Fort Worth-based real estate executive and philanthropist is excited to share why this Texas enclave continues to see impressive growth. Confident about the future of the glittering urban gem, Hiles cites the city’s fourth fastest growth rate in the nation as a direct result of its exceptional amenities.
The growth of Texas industry has been astonishing and the Lone Star State continues to grow. Marcus Hiles predicted that when he founded Western Rim Properties thirty years ago and he is still providing new Texas residents with houses of high quality and with upscale amenities. The Texas industry grows each year and there are 440 thousand new residents since 2010. Marcus Hiles is working extensively to find appropriate luxurious homes at affordable prices for all of the hardworking people of urban Texas areas. Read more on http://markets.financialcontent.com/investplace/news/read/33700106/Marcus_Hiles_
For more than three decades, Western Rim Properties Chairman and CEO Marcus Hiles has been creating luxury rental communities across Texas. Unrivaled in contemporary design and resort-style conveniences, the homes, townhomes and apartments he has developed are highly regarded for featuring cutting-edge, energy-efficient amenities. Staying up to date on innovations in smart house technologies, the successful real estate developer has firsthand experience with the next wave of fully programmable appliances that give tenants previously unavailable levels of customization and control—controlled by cell phone. The growing consumer market for state-of-the-art smart household appliances has proven to be cost effective and offer convenience like not previously available. Hiles offers his astute views about the latest machines in the network of the “Internet of Things,” and their potential for ushering in an easier lifestyle. Read more: http://finance.yahoo.com/news/marcus-hiles-provides-insight-smart-093000020.html
Urban rental markets saw a great influx of development over the past four years, with luxurious high-rise buildings modernizing skylines and reviving downtowns that had previously lacked upscale housing developments. But with the living costs in these areas continuing to rise faster than salaries and the availability of jobs outside of cities increasing, many in the real estate industry, such as Western Rim Property Services CEO Marcus Hiles, expect significant growth in suburban submarkets in 2017. Hiles, as Texas’ preeminent builder of high-end multi-family rental communities, explains the motivations driving the move, and the growth of “new suburbia.”
An increasing number of Americans are opting to lease instead of owning their residences, with that number expected to increase by at least a half million each year through 2023. Marcus Hiles and Western Rim have spent nearly thirty years creating and maintaining over 15,000 high-end apartments, condos, and townhomes across Texas, helping to satisfy the growing demand for rental properties. These developments are built near many of the state’s largest cities, including Dallas, Houston, San Antonio, and Austin, offering affordable luxury and resort-style conveniences in a suburban setting. Fitness centers, nature trails, open green spaces, access to professional golf courses, cellulose soundproofing technology, and eco-friendly design provide residents with a high standard of living, while avoiding the costs typically associated with owning a residence in today’s increasingly expensive real estate market.
With about 510,000 new residences constructed in 2015 and over $450 billion in sales for the commercial real estate sector, the property industry is the biggest component influencing employment and the overall economy in the United States today. Politicians have directly affected real estate markets in the past under President Obama, and definitely will continue to have future impacts as President-elect Trump takes office. Renowned Dallas developer Marcus Hiles points out that benefits can be appreciated from the policies of both men when applied to the real estate industry.
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Marcus Hiles has made it Western Rim’s goal to provide the thoughtfully designed homes with comprehensive facilities and an elegant lifestyle at an affordable price point. The Mansions at Lakeline in downtown Austin, Texas provide easy access to the rich mecca of arts and culture with chic, urban living and hundreds of trendy restaurants and shops nearby. In Conroe, Texas, The Towers Woodland’s stunning natural landscape is showcased at every opportunity with breathtaking lake views, 44 acres of running trails and picnic areas, a fishing pond, and an off-leash dog park. Each neighborhood seeks to create a year round sanctuary from the stresses of everyday life, offering full day spas, personal trainers, and twenty four hour concierge and maintenance services.
Marcus Hiles’ Dallas communities remain ecologically proactive, and each new development strives to grow the tree canopy beyond its pre-developed state. In just the past year, 2,500 trees have been planted during the creation of public and private parklands and preserves, with each absorbing an average of 48 pounds of carbon dioxide from the air annually. Over the initiative’s lifetime, over 30,000 trees have been planted which grow to remove 75 tons of carbon dioxide each year. One of Western Rim’s crowning achievements is a 44 acre park that houses century-old oak trees, along with a pond, stream, and Frisbee golf course. By prioritizing the integration of eco-conscious designs into Texas’ naturally beautiful coountryside, Hiles is looking to the future, and ensuring attainable luxury living for future generations.
The non-profit organizations collecting goods to feed, clothe, and equip these children for school, including the church that will distribute Hiles’ coats to K-12 grade students, are an essential part in the growth of the community. Marcus Hiles urges both local businesses and residents to strongly support these causes. By offering spiritual, emotional and academic support, these programs help the at-risk population overcome hardships, placing them on the right path for success.