When Marcus Hiles first launched Western Rim Property Services in the 1980s, he discovered an opportunity to appeal to the then-ignored luxury rental segment of the Texas real estate market. Driven by a vision for affordable luxury living, he desired to build in suburbs that were located near the state’s largest urban centers. Riding a wave of unprecedented population growth and changing trends in home ownership, Hiles’s plan for expansion revolutionized and completely modernized the housing market around the Lone Star State’s most popular urban centers. By offering resort-style amenities to an ever-rising number of renters, his unique concept continues to attract those seeking to enjoy city life without ever moving downtown. With its open spaces and incredible natural scenery, highly rated schools and nearby fine dining, entertainment and shopping, Marcus Hiles fully supports future suburban developments.
Marcus Hiles noted that as millennials seek more room than they can afford in the city, empty nesters look to downsize and minimize upkeep, and recent college graduates search for their first residence, developers have had to react to shifts in the market. This has resulted in the suburbs becoming decidedly more urban. Former New York City resident Rima Chodha, who recently moved to a townhome in nearby Huntington Station, stated in the New York Times, “What makes us happy is a small, functional, modern space along with a community and amenities that provide the quality of life we’ve become accustomed to while living in the city.” Apartments and townhomes are now commonly seen near town centers, within walking distance of restaurants, pubs, clubs, shops, schools, biking paths and train stations. These modern multifamily residences allow tenants to retain a semblance of a city life, with the added amenities of landscaping and maintenance services, walking trails, dog parks, gyms, business centers, and spas.