Marcus Hiles ensures numerous resort-style conveniences into his developments, encouraging a sense of refinement and comfort that balance with city-like features and a close proximity to premier entertainment, nightlife, and shopping. Walking trails, natural spaces, private lakes, oversize public and private parks, vineyards, and access privileges at championship golf courses help facilitate growth and a strong communal feel among residents. A strong advocate for green and sustainable living, Hiles follows specialized building procedures that help reduce toxic emissions and lower energy costs in each property. These aspects complement each other to offer an exceptional lavish living experience near top-rated educational opportunities.
Trends in recent years have shown a growing interest in the Texas suburbs, with outlying towns such as New Braunfels (located in-between San Antonio and Austin), Frisco (part of the Dallas/Fort Worth center), Georgetown (a 45 minute drive from Austin) and Pearland (near Houston) flew onto last year’s top ten list of the fastest-growing American cities with a population larger than 50,000. Census figures document that although the state has gained nearly half a million new citizens in one year, with 1,200 daily new residents on average, suburban counties are growing much faster than the largest metropolitan areas. Collin County, north of Dallas, is looking to grow by an unheard of 386 percent over the next 35 years, which will put its population at roughly 3.8 million. Marcus Hiles notes that some counties are growing twice as fast as their nearby urban neighbors, including Hays, Fort Bend and Kendall counties, experiencing 20-23 percent increases over the last five years. “Expansion into these areas is a logical progression,” he stated. “As the total number of people looking for a place to call home increases, economists and developers expect to see the percentage of renters continue to rise as well.”
“It’s really an ideal combination of factors behind the tech boom,” notes Marcus Hiles, CEO of Western Rim Properties, describing Austin’s popularity. “Texas, of course, is a very business friendly state with zero personal income and corporate taxes. Besides economic incentives, Austin is also renowned for its culture and art, relaxed healthy lifestyle and great weather. Additionally, the University of Texas at Austin brings in many talented young people from all over the world who make the city their home.” These factors in addition to a low cost of living, make Austin simply much more affordable than other tech hot spots such as Silicon Valley and New York.