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.
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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 – Mansions at Stone Hill from Marcus Hiles on Vimeo.
One of Western Rim Property Services’ most popular developments is the Mansions at Stone Hill, located just north of Austin, Texas. Marcus Hiles, founder and CEO of Western Rim Properties, designed the Mansions at Stone Hill to be a perfect complement between an energetic culture and the resilient beauty of the Texas landscape. Here, residents can enjoy the feel of a rural life, yet a vibrant, vivacious city is just a few miles down the road.
The Mansions at Stone Hill feature a 370-unit apartment complex with options available for both luxury and senior living. Hiles and Western Rim selected this Pflugerville location due to its proximity to Austin as well as important social locations like Home Depot, Target, Best Buy, 24-Hour Fitness, several fast-food restaurants, and a movie theatre. On site itself, residents have access to a social lounge with HDTV entertainment, an ultramodern fitness center, and a resort-style pool. A key component of the Western Rim Properties philosophy is to create a community spirit within the development, and the Mansions at Stone Hill provide that spirit in abundance.
To learn more, visit: http://www. mansionsstonehill.com