Marcus Hiles - Discusses a Tenfold Increase in the Development of LEED-Certified Apartments Since 2008

DALLAS, March 1, 2017 /PRNewswire/ -- Distinguished real estate investor and developer, Marcus Hiles notes that LEED Certification, among a number of other housing design projects, is one of the most on demand and cost-effective construction methods highly regarded by today's rental consumer. As he notes LEED's tenfold increase over almost a decade, Hiles' projects illustrate in solid numbers that the LEED combination of healthy materials, focus on performance, smart grid thinking, and efficient water use are directly related to optimized health and productivity of residents, improved public relations, as well as significant savings in expenditures for energy and operating costs.

Founded in 1993 by a group that included Rick Fedrizzi, the U.S. Green Building Council, USGBC, and the LEED certification system, an acronym for Leadership in Energy & Environmental Design, has grown rapidly. Over the last decade, the organization expanded to 14 billion square feet in registered, certified space, with buildings located in 150 countries according to Forbes Magazine. The rapid growth is the result of a meeting of the minds between business and environmentalists. Marcus Hiles cites The Guardian, acknowledging that "sustainability is profitable and that profitability can be sustainable." Fedrizzi adds, in his book titled Greenthink, " Developers, owners and tenants see significant savings and environmental benefits from green buildings, while USGBC members see significant financial returns." The concept has been embraced even by the most venerable of financial institutions, including Goldman Sachs and the biggest of tech firms – Intel whose $1 billion Ho Chi Minh City chip factory voluntarily seeks USGBC certification.

Marcus Hiles placed himself ahead of the curve early on, using his intuition to satisfy market demand for healthier lifestyles and wellness environments among apartment rental customers through his companies under the Western Rim Properties umbrella. With more than 15,000 upscale residential properties under his wing across the state of Texas, Hiles continues to advance the industry, acting on opportunity to create appealing, affordable high-end developments attentive to green standards.

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