Marcus Hiles on Western Rim’s Journey

More than 25 years ago, Hiles saw that there was an unmet desire of Texas residents to live in state of the art homes and decided to launch Western Rim Properties in 1990. Nowadays, his company has more than 15,000 townhomes and apartments with amenities of the highest quality. Hiles considers a developer’s work never finished and claims that there a desire for better must always be present. Now, his plans are focused on continuing to build high-end units thus creating great communities where people would be happy to live in. More on this: http://www.sb.marketwatch.com/story/marcus-hiles—-donates-computers-for-students-through-philanthropic

The Growth of Exchange, Trade and Business in Houston – Marcus Hiles

Houston is ranked as the fourth largest metro running in the United States, right after behind New York, Los Angeles, and Chicago. A majority of the Fortune 500 energy businesses having headquarters here lending the city a distinct advantage. Marcus Hiles has been positive about this development in Houston. A major part of Houston’s population growth, progress and development have been undeniably caused by the energy business. Similarly, the expansion of the Panama Canal offers eminence to the city, where industrial giants endeavor to beat West Coast in attaining foreign goods. The Port of Houston is the second busiest port in the United States, contending with the Port of Los Angeles for trade, exchange and business. Another highlight of the city is the Texas Medical Center, located just three miles south of downtown, has more than 100,000 representatives and facilities such as hospitals, research organizations, pharmacy schools, nursing programs and a dental school.

Read more: http://finance.dailyherald.com/dailyherald/news/read/33397404/Marcus_Hiles_

Marcus Hiles Notes Texas Developing Rapidly

Across the state, Texas has shown no shortage of development. Homes are being erected at the fastest pace in Dallas-Fort Worth in nearly a decade, with studies by the University of Texas concluding that employment has consistently trended positively in San Antonio, and UTSA Institute for Economic Development research director Thomas Tunstall expects that “growth will continue to flow into the local economy for years.” Marcus Hiles notes that the best way to continue enlarging the housing market statewide is through sustained enactment of strong laws that protect and grow the labor force. The past several years provide a solid testimony for this position: after the housing bubble crisis decimated real estate values nationwide, the Dallas-Fort Worth metroplex was more resilient than nearly every other major city, and a Fortune article noted that the cause for the robust economy traces back to the “more than 100,000 new jobs added each year in North Texas.” This idea stems from its reputation as being a business-friendly region, with major corporations like Toyota, State Farm and Liberty Mutual relocating to the fourth-most populous American metro area in recent years. Forbes stated that zoning and land-use construction burdens may be eased across the U.S., as the new presidential administration could bring an era of eased regulations and reduced building costs. Relaxed protocols for small banks may allow them to do business differently and encourage development, with flexibility to approve more loans for new housing projects.

Read more: http://markets.financialcontent.com/streetinsider/news/read/33323766