As superyacht owners push for hybrid, fuel-saving propulsion, upmarket travelers seek sustainable accommodation, and companies reap the financial benefits of green buildings, the demand for LEED Certified Apartment Construction follows. The USGBC website notes the trend is growing largely because owners of green buildings saw an average of 19.2 percent improvement in ROI for existing buildings and about a 9.9 percent new project return, notes Marcus Hiles. According to a Smart Market Report from McGraw Hill, apartment builders discussed their reasons for building to LEED standards, with more than half responding to customer demand, three-quarters noting savings on energy use, and about 70 percent recognizing government or utility incentives. About 65 percent acknowledged a competitive market advantage over less sustainable properties.
Planned cities, such as the colonial-era developments of Jamestown, Philadelphia, and Charleston, have shaped the United States since the 16th century. In today’s America, CEO of Western Rim Property Services Marcus Hiles believes that designed communities are not only beneficial to residents, but play an integral role in the country’s real estate market. The Dallas real estate investor has been constructing stunning luxurious developments for over thirty years, witnessing firsthand the transformative impact they’ve had on Texas’ citizens and economy.
When a renter asks about a particularly popular floorplan, the chances of them receiving a higher rental rate increase due to the technology built to help landlords generate more revenue. Alternatively, if the renter inquires about what floorplans the complex has available without being specific on what exactly they’re looking for, the rent price then decreases. A New York Times article points out that technology, such as the yield management software, can help residents as well. “Just as travelers can lower their airline fare by flying at off times, residents can often lock in lower monthly rents by agreeing to lease terms that help apartment owners avoid downtime or fill less popular units.” With this being said, Marcus Hiles notes that renters should be signing leases during an off-season such as late fall or early winter.
Marcus Hiles understands the benefits of urban wilderness and is proud to stand with organizations like American Forests in their mission to create and preserve these spaces. Urban wildernesses are important to local ecosystems because they promote happiness among residents. But they also play a vital role in retaining ground and rainwater, cleaning the city’s air, creating life-giving oxygen. The shade created by trees can keep a car fifty degrees cooler than if it were parked in the sun. American Forests works to study municipal forests and educate the public about the importance of parks and wilderness spaces in our daily lives, providing information such as the fact that two trees produce enough oxygen for one person and pull twenty pounds of air pollution out of the air each year. Natural spaces in urban areas must be created, maintained, and preserved by the public for the benefit of the entire community.
For overall citizen happiness, a city needs a strong park system and wilderness environments. These areas increase the health and well-being of the citizens who live nearby, making neighborhoods more approachable and friendly. Research from the U.S. Centre for Disease Control (CDC) shows an undeniably positive connection between access to community areas and the likelihood of someone choosing to exercise. Easily accessible open space in the vicinity of where people live encourages physical activity and neighborhood camaraderie. Parks frequently become the unique hub of their area and are an investment in the growth of a neighborhood. Aware of the importance of green spaces and committed to promoting a healthy lifestyle, Marcus Hiles has contributed to the transformation of multiple Texas cities with his generous gift of land for green space development. The hope is that this will inspire residents to get outside, growing an amazing place to live, work, and play. His mandate for eco-friendly business extends throughout the company, which plants thousands of trees each year, to include an overall go of eco-friendliness and personal health. Neighborhoods with access to green space and surrounded by vegetation, wildlife, and other living things are healthier, friendlier, and allow residents to grow in a prosperous direction.
Marcus Hiles Fort Worth based company only chooses top areas to develop near the state’s major urban centers, with its flagship communities situated in scenic expanses throughout Dallas, Austin, New Braunfels, Houston, and San Antonio. Each of the Mansions, Towers, Estates, and Grand Estates brand residences feature resort-style amenities and modern designs, yet are priced at nearly half of what similarly sized inner city apartments with fewer comforts provide. The impressive community spaces consist of spacious clubhouses, state-of-the-art, 24-hour fitness centers, business rooms and cafés with Wi-Fi, and patios boasting sleek summer kitchens and fireplace lounges. Tenants relax in infinity edge swimming pools surrounded by tanning decks and tranquil cabanas that create a vacation-like atmosphere. Other upmarket conveniences highlight the natural landscape of the grounds, including professional-level golf courses, jogging trails, dog runs and private parks.
The number of renters across the state is projected to rapidly increase over the next seven years, Hiles notes, as “economists and developers are expecting to see the percentage of renters continue to rise in most cities.” He points out that as of 2013, 54% of Houston residents were already renting their homes, and in fact, more than 6 million Texans are now renting as well. While the developers are hurrying to provide alternatives to the chaos faced by potential buyers, Marcus Hiles Dallas based company continues to offer attractive and ecologically minded loft-style apartments to those looking to avoid the hassle of buying altogether—doing his part to secure Texas’ place at the forefront of real estate development.
Internally and externally, Western Rim’s rental homes are thoughtfully constructed with the highest quality materials to maximize sustainability. Roofs and attics utilize reflective, radiant TechShield® barriers that reduce heat transfer by up to 97 percent, and can lower indoor temperatures by over thirty degrees during hot season. High-density weather stripping and dual pane windows with a layer of argon gas and a solar heat gain coefficient of at least 0.22 maximize in-home climate control and protection from the elements. Hiles only installs air conditioners with a seasonal energy efficiency rating (SEER) of 16 or higher, and that can be managed by programmable thermostats. This allows residents to use up to 30 percent less energy, reducing their carbon footprint and utility expenses. By maintaining standards well above most residential properties, Hiles and Western Rim provide comfort in the most extreme weather, maintaining a respectful, mutually beneficial relationship with the environment which has lowered carbon emissions by 32,000 tons across over 10,000 properties.