From a state perspective, Texas has shown no shortage of growth. Homes are being built at the fastest pace seen in Dallas-Fort Worth in nearly a decade, and studies conducted by the University of Texas show that employment has consistently trended positively in San Antonio, while research director of UTSA Institute for Economic Development, Thomas Tunstall, projects that “growth will continue to flow into the local economy for years.” Marcus Hiles believes that the best way to further enlarge the housing market across the state will be through sustained enactment of strong laws to protect and grow the labor force. The recent past provides a solid back up for this position: after the housing bubble crisis crippled real estate prices nationwide, the Dallas-Fort Worth metroplex was less impacted than nearly any other major city, with a Fortune article reporting that the cause for the sturdy economy traces back to the “more than 100,000 new jobs added each year in North Texas.” The rationale lies in its reputation for being a business-friendly area with major corporations like Toyota, State Farm and Liberty Mutual relocating in recent years to the fourth-most populous American urban center. Forbes suggests that zoning and land-use construction burdens may be lifted across the U.S., as the new presidential administration could bring in an era of eased regulations and reduced building costs. Relaxed regulations for small banks may allow them to conduct business differently and encourage development as well, having the ability to approve more loans for new housing development.
Marcus Hiles, the renowned real estate developer and CEO of Western Rim Property Services, urges home seekers to invest in properties that install air conditioners with SEER ratings of 16 or better. The US Department of Energy requires all new homes to have units with a 13 or better rating, but Hiles insists that the higher the number, the better. When compared to an older homer with a dated air conditioner, energy efficient unites can cut cooling costs by up to 60%, and reduce carbon emissions by 327,000 tons.
Hotel-style amenities are featured at many of Marcus Hiles Dallas neighborhoods, including swimming pools with tanning decks and outdoor gourmet summer kitchens where young professionals and families can enjoy the scenic Texas surroundings. Home designs inherently promote a sense of community with wi-fi lounges and clubrooms boasting HDTV and Blue-Ray entertainment options. Renters also can take advantage of an on-site trainer within a state-of-the-art fitness center. Location is always a key factor during development planning, with Hiles’ trademark being close proximity to both the outdoors and big city conveniences, as all of Western Rim’s properties sit within walking distance of golf courses, nature trails, waterways and lush forests. The units themselves provide elegance and comfort with chic features including crown moldings, upscale kitchen cabinets and counters, and the best quality fixtures.
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Marcus Hiles’ rental homes, townhomes and apartments feature energy efficient practices without sacrificing luxurious amenities. The rooves on each building are installed with highly reflective radiant barrier panels that can cut heat transfer by up to 97 percent, reducing indoor temperatures by 30 degrees. High-quality weather stripping and dual pane windows with a layer of argon gas along with a solar heat gain coefficient of a minimum of 0.22 assist in preventing heat loss. Indoors, every unit is equipped with Energy Star rated appliances that not only reduce the resident’s carbon footprint, but minimize utility costs. The industry standard for air conditioners is to install units with a seasonal energy efficiency rating (SEER) of 12 to 14, but Hiles insists on using only units with SEER values of over 16. As a result, residents throughout his 15,000 properties have reduced their carbon emissions by 32,000 tons, while accruing almost half a million dollars in savings.
While the many magnet schools located throughout Dallas’ affluential suburbs are regarded among the country’s best public high schools, touting world-class instructors and facilities, the inner city district portrays a starkly different image, and reflects what is becoming an epidemic throughout the nation’s urban communities: an overwhelming majority of children living in dire circumstances. In the Dallas Independent School District (DISD), notes Marcus Hiles, 86 percent of students qualify for free and reduced-price meal plans, and the state considers 66 percent of the district’s students to be at risk for dropping out, according to the New York Times. Furthermore, a report submitted in a recent City Hall Council Meeting concluded that 38 percent of children in the downtown area are either homeless or live in a family that earns a gross income beneath the poverty line, although more than 27,000 of the individuals in these families work full-time jobs.
Flexibility has become an important concept, and Marcus Hiles says that homes are being built with open floor plans and adaptable rooms that can easily be adjusted to accommodate new arrivals for growing families. The idea of implied spaces—areas identified by different materials or colors found in ceilings or floors—is a contemporary way to make interiors appear larger while avoiding traditional obstructions like multiple walls. Breaking through barriers is what cutting-edge design is all about: larger windows allow for extra natural light and can replace walls outright, while helping to blend the indoors with the outside world. In order to make homes more desirable places to be, hot tubs, fitness areas and spas have been appearing in private residences, making relaxation and fitness easier than ever. And as the popularity of cooking gourmet-worthy meals has grown, so have kitchens: with restaurant-grade appliances and furniture like islands, kitchens are typically allotted additional overall square footage and have become the center of the house, overtaking dining and living rooms as the place families come together.
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While consistent work in a good-paying job is a strong building block of security for one’s family, there is an equal need to protect the safety and well-being of children. In line with this, Marcus Hiles has made significant contributions to meal programs in Texas, in addition to donations of more than a quarter million dollars to inner city after school programs. And, in order help future generations of young women obtain success, Hiles has donated 200 new DELL computers and monitors for students in Texas’ urban areas. The prominent real estate developer’s commitment to helping women and children is unwavering, as his own modest upbringing – a time when buying a donut or an ice cream cone was a special treat – has fueled his passion for philanthropy and desire to ensure that women who are less fortunate can create bright futures for themselves and their families.
All homes developed and built by Marcus Hiles afford from the cellulose sound insulation as it helps decrease energy consumption and provides a greener living space. Cellulose is most often arranged of recycled waste newspaper, and in the interest of safety, is chemically treated to be fire retardant. With the qualified installation practices used on Hiles properties, cellulose completes walls and suspends variation, beneficial in adequate heating and cooling during cold and hot seasons, thereby lessening utility bills. A subject by the University of Colorado School of Architecture and Planning settled that cellulose fall short by 26.4% less heat energy over time versus fiberglass. Team up this logical construction option with Hiles’ other ecological and economical materials and it becomes immediately clear why properties designed by Marcus Hiles both sound and feel truly splendid. The homes’ prime weather stripping keeps cooled air in, the dual pane windows reduce heat loss by as much as 75 percent, and attics are appointed with exceedingly reflective radiant barrier roof panels that reflect heat and “reduce up to 97 percent of heat transfer, making attics about 30 degrees cooler,” says Hiles. From the Lone Star State’s sweltering summers to the chilliest winter nights, the full depth cellulose sound insulation of Hiles homes ensures quietness and enjoyment year round.
Marcus Hiles discusses outdoor trends that offer minimal maintenance and optimal design. Open areas that are sustainable and reduce utility coasts are rising in demand. Green methods including rainwater and graywater harvesting and permeable paving are some of the most sought after features discussed by the CEO of Western Rim Property Services.
If Texas were a sovereign nation, it would take pride in being recognized the world’s twelfth largest economy, by its gross domestic product (GDP). Real estate investor and developer Marcus Hiles attributes the Lone Star state’s impressive records to its unmatched commitment to less government regulation and decreased spending, and calls on other states to follow Texas’ best practice. “Over years, our leaders have boosted a favorable environment for businesses and the rest of Texans to operate and maximize their profits,” he explains. “We have no corporate or personal income tax, and the Legislature’s consistent efforts to curb spending growth is noteworthy.”