Texas Attracts More Residents with its Growing Adult Communities

Texas is a state that has been attracting new residents from different demographics and parts of the world for the past decade. With the attractive properties of the state’s top metros appealing to a wide variety of populations, it is a region growing rapidly each year as today’s generations enter new milestones.

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Between the newly growing homeowners and renters pool made up of the millennial generation entering adulthood, much of the focus on the Texasgrowth has been on this age bracket of 20-35. However, the interest of today’s second largest generation of baby boomers are also putting down roots in the state on a considerable scale.

According to a recent report by WalletHub on the Top Cities to Retire nationwide, there are more people moving to Texas than most other states when retiring. Included in the list’s top 100 cities were well known areas like San Antonio, Austin, El Paso, Dallas and Houston among other up and coming locations like Plano, Grand Prairie, Laredoand Amarillo.

This newly stimulated interest has been gaining steady popularity as the state continues to offer the best in affordable opportunities for both businesses and residents. Combined with the generational shift of millennials entering the workforce and housing market in parallel with older generations retiring and downsizing, much of the nation’s relocated populations are concentrating into Texas.

This shift has opened up new avenues for many industries as with the increase of residents and commercial operations has created a demand for more supply. One area that has adapted to this continuous growth cycle is the housing industry. With the inability to build single family housing fast enough to keep up with the pool of new residents; more scalable housing solutions are breaking ground.

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Texas Takes #1 Four Years in a Row in America’s Top States for Business

The future business scene in Texas is looking brighter than ever as the state continues to hold its place as a national leader. Growth is spreading across areas such as North Texas, Houston and San Antonio with businesses quickly expanding their operations in the state that offers some of the best in business-friendly climates and overall growth potential. Tapping into the market recently are global leaders such as Toyota, Liberty Mutual and JP Morgan who have taken advantage of the state’s increasing network of commercial properties, workforce and business resources.

Named by CNBC for the fourth consecutive year as America’s Top State for Business, Texas scored above all 50 states on overall business competitiveness. With the business hub building on its role as a national leader for the past decade, this top rank title reflects the progress Texas has made in cementing its place in the global economy.

“This national recognition comes without surprise as the lone star state has remained in the spotlight with record breaking growth throughout 2017 and 2018,” shares successful Texas entrepreneur for over three decades, Marcus Hiles. Spikes in the state’s overall population has contributed to the expanding workforce that has aiding growth in 10 out of 11 industries in Texas.
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Texas Makes Its Way on the Wine Industry Map

Historically having a short harvest period that sets Texas Vineyards behind, a shift in both wine demand and production methods in the wine industry has recently helped the region sustain a healthy harvest cycle. Now celebrating their annual grape harvest in the summer months of July – that’s four months ahead of growers in the ever-popular Napa region – the state has had one of their most successful seasons producing 38% more than 2017 and is continuing to grow each year.

With the market developing a growing taste for different blends including varietals that have a shorter hang cycle, the state’s wine businesses are reducing their loss caused by those blends that require much lengthier dry times. “Paired with advances in winemaking technologies, mid-west wine producers are able to maximize efficiency and production costs helping them compete better inside and outside of their local markets,” shares Texas-based award-winning wine collector, Marcus Hiles.
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Texas Makes Its Way on the Wine Industry Map

Historically having a short harvest period that sets Texas Vineyards behind, a shift in both wine demand and production methods in the wine industry has recently helped the region sustain a healthy harvest cycle. Now celebrating their annual grape harvest in the summer months of July – that’s four months ahead of growers in the ever-popular Napa region – the state has had one of their most successful seasons producing 38% more than 2017 and is continuing to grow each year.

With the market developing a growing taste for different blends including varietals that have a shorter hang cycle, the state’s wine businesses are reducing their loss caused by those blends that require much lengthier dry times. “Paired with advances in winemaking technologies, mid-west wine producers are able to maximize efficiency and production costs helping them compete better inside and outside of their local markets,” shares Texas-based award-winning wine collector, Marcus Hiles.
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How The Nation’s Top Suburbs are Bringing Greener Developments to the Table

The wish list and must-haves of renters and home buyers in today’s market has drastically changed in recent years. Most seen within the nation’s top surrounding metro areas, residents are putting importance on not only their indoor living area but also their outdoor accommodations.

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Two example locations are suburb areas that border two of Texas’ top cities: Austin and Dallas. Recognized as being some of the best places to live in the state, the suburbs of Allen and Riverside, Texas have been recognized as offering some of the best in balanced living, helping the area’s residents sustain healthy, active lifestyles.

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Dallas A Fastest Growing City in 2018 – Leading the Nation’s Population, Job and Housing Markets

The three keys to a growing area – housing, job and population increases are on the rise in Dallas and its surrounding suburbs; continuing to make it one of the fastest growing cities in 2018.

Leading the nation in population increases, Texas topped the charts as the number one state experiencing growth year over year from 2016 to 2017 in study conducted by the U.S. Census Bureau. With Dallas as the number one location in the state, it’s no wonder this city is growing in popularity for 2018.
Marcus Hiles - CEO of Western Rim Properties
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Industries on the Rise: The Businesses Driving Record-Breaking Commercial Opportunities in Texas

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.

Marcus Hiles - Texas entrepreneur and CEO of Western Rim Properties 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.

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Fortune Recognizes Texas as Having the 3rd Most Fortune 500 Company Headquarters

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.

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Marcus Hiles – Entrepreneurs Are Headed to Texas in 2018

Marcus Hiles – Entrepreneurs Are Headed to Texas in 2018

The Entrepreneurial Scene Pinpoints Three Texas Locations as Providing some of the Best Opportunities Nationwide for 2018

DALLAS, March 9, 2017 – A study recently published by the SMB online resource hub FitSmallBusiness– highlights three Texas metros as being amongst the top 10 best locations for entrepreneurs in 2018.

marcus hilesFocused on uncovering how particular areas can fast-track entrepreneurial success with businesses built off opportunity rather than necessity; the online report takes an in-depth look into the nation’s top 40 metropolitan areas to compare against the desirability each presents to entrepreneurs and business minded people.

Using a checklist built around the keys to a location’s influence on new business; topics on business communities, capital investment, state regulations and sustainable infrastructure were considered.

Three of Texas’ largest cities- DFW, Houston and Austin made it on the list in the number four, five and nine spots; beating out all other states on the list as having the most popular and investable locations for entrepreneurs nationwide.

“The specific advantages of these three Texas cities centers around their affordability, expansive commercial space, and state funded investments in the commercial and community development of the area.” states Marcus Hiles, a leading Dallas property developer and entrepreneur.

See how each Texas city ranked among the report’s qualifying categories and what other metro areas rounded out the top ten, in the full report on marcushiles.net.

Marcus Hiles – Dallas-based Entrepreneur & Property Developer

Marcus Hiles (@marcus_hiles) – Twitter: https://twitter.com/marcus_hiles

Marcus Hiles (@marcus-hiles) – LinkedIn: https://www.linkedin.com/in/marcus-hiles

Marcus Hiles – Crunchbase: https://www.crunchbase.com/person/marcus-hiles

Related Sources:
Fitsmallbusiness.com – The Top 15 Most Entrepreneurial Cities for 2018
(https://fitsmallbusiness.com/most-entrepreneurial-cities/)

Marcus Hiles On Importance Of A Students’ Access To Education

Marcus Hiles servees as Chairman and CEO of Western Rim Property Services, a residential property development firm managing luxury residential complexes throughout Dallas/Fort Worth, Austin, San Antonio, Houston, and New Braunfels. Hiles, a graduate of Pepperdine and Rice Universities, remains an unwavering supporter of each student having the right to a quality education that equips him or her with the knowledge and skills needed to succeed in life. With his personal business ventures’ success, Hiles has given more than $2.5 million to public and private K-12 initiatives, after school programs, university job services, and career placement programs.

Read more: https://finance.yahoo.com/news/marcus-hiles-argues-suburban-schools-020000843.html