As noted by Marcus Hiles, the first elements of planned cities in the United States took hold in St. Augustine in the year 1565. Company towns like Gary, Indiana were the sites of technological innovations and economic fervor during the Industrial Revolution. The first contemporary planned cities appeared during the Florida land boom of the 1920s in Southern Florida, when the famous Miami suburbs of Coral Gables, Opa-locka, and Miami Springs were developed to emulate the look and architecture of Spain, Arabia, and Mexico. During Great Depression, the Federal Government developed model towns in Tennessee, West Virginia, Maryland, Ohio, and Wisconsin to lower the impact of the economic downturn on coal miners, construction workers, and their families. The remote developments of Oak Ridge, TN; Richland, WA, and Los Alamos, NM were created during World War II for families of scientists, engineers, and industrial workers committed to the Manhattan Project. Today, blueprinted communities cover the country, including the nation’s capital of Washington, D.C., and capital cities in Mississippi, Ohio, Indiana, North Carolina, South Carolina, Wisconsin, Utah, Florida, and the Lone Star State.
The historic agreement from the Organization of the Petroleum Exporting Countries’ (OPEC) to stabilize the market by reducing crude production for the first time in eight years happened two months ago, and per-barrel prices have almost doubled after tumbling to a low of $26 in February of last year. In the Houston area, the heart of the U.S. oil industry, this agreement has accelerated the industry’s recovery from a two-year lag and kickstarted local economies. Marcus Hiles, Texas real estate developer and CEO of Western Rim Property Services, the state’s largest affordable luxury property firm, predicts that as Houston’s energy companies continue to hire and grow in coming months, communities throughout the region will benefit from higher employment rates and corresponding wage increases.
Short of two months after the Organization of the Petroleum Exporting Countries’ (OPEC) historic agreement to stabilize the market by slowing crude production for the first time in eight years, per-barrel cost has nearly doubled after slipping to a rate of $26 in February of the prior year. In Greater Houston, the capital of U.S. oil production, the agreement has sped up the sector’s recovery from a two-year downturn while spurring regional economies. Texas real estate expert and CEO of Western Rim Property Services Marcus Hiles, the state’s preeminent affordable luxury property developer, expects that as Houston’s energy companies are able to hire and grow in 2017, the metro region will see rising employment rates corresponding into wage increases.
Since the 1960s, master planned commercial developments have dominated the residential sector, and Texas has been at the forefront of this trend. Las Colinas, established in 1973, was one of the first such examples, and is still experiencing growth today. In 2006, citizens voted to approve changes to deed restrictions to allow an even greater density of urban mixed use construction. Later in the 1970s, The Woodlands was created, and still stands as one of the premier residential and business destinations in the Houston area. The success of Marcus Hiles’ business derives from the precedents these great communities set. Western Rim’s developments feature resort style amenities so that their tenants never have to leave the grounds, if they so choose, and are built upon carefully selected lots that feature beautiful natural landscapes and convenient access to Texas’ many attractions. Each property’s unique planned events and social activities promote healthy, active lifestyles and foster accepting, neighboring environments.