One of the country’s largest states, Texas has been making a big impression in the economic development of present day commercial opportunities seen across the globe. Taking its place at the top in year-over-year population, job expansion and overall commercial growth; the state has been attracting residents and businesses from across the country and world over the last decade.
Appealing to out-of-state and international transplants for its low cost of living, increasing job opportunities and overall quality of living; the business community is also fueling from similar benefits the southwestern state offers.
Beginning with the accommodating business climate, big name and newly established companies are brought to the area through the nationally low taxes and regulations it provides. Also adding to its appeal are the decreased barriers to entry Texas’ vast commercial landmass enables along with the talented population it retains. “With these key factors separating the state from others in the nation for its commercial value, businesses are looking to Texas to help position them ahead of competitors and for a future of success,” shares Marcus Hiles, a leading Texas entrepreneur and CEO of the Dallas-based property firm Western Rim Properties.
The commercial industry throughout the state of Texas has seen growing interest from globally recognized organizations among the world’s leading markets. Tech and industrial sectors, hospitality, manufacturing and energy industries are among those growing their roots in the nation’s second largest state that offers some of the best in vast land mass, talented workforce, affordability and business friendly regulations.
A unique environment where a collective group of diverse companies, populations and communities can come together to create opportunities and success at scale, the state has positioned itself in a way that has attracted organizations such as AT&T, Dell and Southwest Airlines.
Fortune’s 64th annual report released late this May sees the state as owning the third largest sector nationwide for Fortune 500 Company headquarters. The businesses on this list are those leading the economy and operating at a rate that produces 2/3rds the United States GDP. With nearly $13 trillion in revenue combined, Fortune describes this elite group as the most important engine of both US and global economies.
Holding 48 of the 500 firms on Fortune’s list, it is no surprise the overall Texas economy has continued to grow steadily each year in part from these companies that are each pulling in a minimum of $5.4 billion in revenues.
“The benefits that have come to the Texas area through this level of mass business operations has also commercially impacted other areas. Small business and startup communities, business infrastructure industries such as data centers as well as the migration of out of state and international employees coming for job opportunities,” shares DFW-based entrepreneur Marcus Hiles, who has seen a growing demand in his rental properties from this commercial boom.
Dallas’ state leading economy, led by a thriving real estate sector and the increasingly diverse array of industries, often hides the fact that there are those remaining in need throughout the city. Marcus Hiles, a prominent developer of affordable luxury housing throughout Texas and the CEO of Western Rim Property Services, is aware that there are more than 1,200 homeless children living on the streets of inner city Dallas, and is working relentlessly to assist these kids plagued by poverty. Now, his effort to protect school kids from the approaching winter elements saw Hiles donate over 300 coats to be handed to those most in need by a church in the Dallas/Fort Worth region.
For prominent residential developer Marcus Hiles, environmental stewardship is a big piece of his business practices. Since creating Western Rim Properties more than thirty years ago, Hiles has continued to advocate for initiatives supporting conservation, reduced waste and minimizing pollution. With his reputation of being a responsible developer that utilizes sustainable materials, energy-efficiency has become a cornerstone of all Hiles communities. With thoughtful planning, the collection of uniquely designed units seamlessly incorporate the area’s unspoiled beauty while expanding the green spaces of the surrounding region. In an ongoing effort to ensure that the company builds following a plan that surpasses government standards, Hiles’ proactive steps to reduce carbon emissions result in increased cost savings for those enjoying the upscale amenities that make his residences so desirable.
The Texas real estate market has been blossoming in the past few years and that was made possible mainly because of the work of Western Rim Properties and their owner and CEO Marcus D. Hiles. Hiles is dedicated to show the world that it’s possible to live a luxurious life in upscale communities for reasonable prices. His high quality apartments have been a huge influence in the increase in home sales during the last few years. Apart from being a master on the real estate market, Hiles is a proven philanthropist and always tries to help the ones in need. Read more about this on: http://www.marketwatch.com/story/marcus-hiles—-responds-to-texas-jump-in-home-sales-this-quarter-2016-07-07
Prominent real estate developer Marcus Hiles has always maintained environmental stewardship as a driving factor in his long-term plan for success. Since founding Western Rim Properties over three decades ago, Hiles has continued to advocate for initiatives that support energy conservation, waste reduction and curbing pollution. With a reputation for upholding responsible construction practices and utilizing sustainable materials, energy-efficiency is a foundational value of all Hiles’ communities. Through careful planning, each exquisitely designed community seamlessly incorporates the surrounding landscape’s natural beauty while expanding the area’s green spaces. In a continuous effort to ensure that the firm builds following a plan surpassing government standards, Hiles’ proactive steps to reduce carbon emissions have resulted in increased cost savings being passed on to those enjoying the upscale amenities that make his residences so unique.
Western Rim Properties Chairman and CEO Marcus Hiles has been generating luxury rental communities for Texans for over thirty years. Unmatched in contemporary design and resort-style convenience, the homes, townhomes and apartments the company has built are widely known for their cutting-edge, energy-efficient amenities. Keeping well informed about innovations in smart house technologies, the visionary real estate developer has had firsthand experience with the next generation of fully programmable appliances which give users previously unavailable levels of customization and control, all managed by cell phone. The growing consumer market for state-of-the-art smart machines has evolved to be affordable and offer convenience previously unattainable. Hiles offers his thoughts on the current additions to the network of the “Internet of Things,” and their role in an easier lifestyle.
For the average US citizen, notes Marcus Hiles, heating and cooling accounts for almost 50% of carbon emissions. To reduce these, each Western Rim property utilizes three primary strategies: effective insulation, Energy Star rated systems, and programmable thermostats with advanced options to set different temperatures for certain rooms. Additional weather stripping and the caulking of draughts will offer increased protection from the elements, and increase a house’s ability to maintain a steady climate. Using the thermostat to segment rooms into warmer or cooler zones and decrease usage when away will optimize energy savings.
The Grand Estates in the Forest, located north of Houston in Conroe, exemplifies the top-of-the-line in rental living, with lush green spaces that adjoin the W.G. Jones State Forest, nearby golf courses, and luxuriant parks. “Inhabitants appreciate the convenience of a gourmet summer kitchen featuring farm fresh produce, as well as an proficient personal trainer available to help them achieve fitness,” states Marcus Hiles. Nearby in Magnolia, The Estates Woodland offers tenants extravagantly appointed apartments with huge covered balconies and roomy walk-in pantries. Families enjoy the vast on-site central park and children’s activity area, while other residents appreciate the widespread network of trails for jogging or walking. San Antonio’s The Estates at Briggs Ranch appeals to community members with a strong attention to detail, as apartments feature pendant lighting, crown molding, and garden tubs. With golf privileges and breathtaking golf course views, Briggs Ranch is also an attractive feature for golfers of all skill levels.
Marcus Hiles is considered one of the most discernable business and real estate development heads in the Lone Star state, which is why he always updates about the track record of Texas in getting more companies to come into the state. “Our business-oriented regulations and strong workforce simply urge companies to relocate to Texas,” he claims. The state even draws in foreign investors, which give over 500,000 more jobs. Not only the exports increase significantly because of this but also the productivity as well. In 2015, exports have a value of $251 billion, and the growth of exports with free trade agreement partners have increased by 93 percent. The state’s exports include chemicals which is worth $39.99 billion, computers and electronics totalling to 45.4 billion dollars, and products made from oil and coal priced at $44.1 billion. The state is in trading partnership with Mexico, Canada, China, Korea, and Brazil. Hiles added that, Texas always primes its pro-growth stand as a way to attain growing exports, higher number of jobs, more companies year after year.