Forecast Good for the Growth of Arlington Hotels

Even as the players in many real estate markets worried about the risk of declining U.S. house prices, the residents of Arlington learned that their house prices appeared poised to remain steady. That good news came on the heels of reports about the swift and constant growth of the population in Arlington, Texas. Arlington hotels also enjoyed a growing guest list.

On Wednesday, June 28, 2006, the owners of real estate in Arlington got some good news. Experts on the real estate market predicted a risk of only 7% for declining house prices in the Arlington area. That prediction meant terrific news for lots of people, because the population in Arlington keeps growing and growing.

Arlington was not always such a large and growing city. It did not always boast about having many guests at the Arlington hotels. In fact, Arlington started-out as little more than a trading post. In 1841, the early western settlers liked the rich soil in the area, and so they established a trading post upon a part of that rich soil. Not long after that, Arlington had become a cotton-ginning center.

After the Civil War, the citizens of Arlington saw their city, like their government, undergo great social and political changes.  At times they must have wondered what the future held for the citizens of their city. At times they must have worried about the future of the Arlington hotels, and the other businesses in Arlington. They did not know that executives at a plant in Detroit, Michigan would insure the presence of an economic engine within Arlington.

In the early 1950's, executives at the General Motors plant decided to open a second plant in Arlington, Texas. By 1954 that plant was up and running. That plant needed workers, and so that plant brought many new people to Arlington. At first, those people stayed in the Arlington hotels, and then they caused a surge in the demand for real estate in Arlington.

In order to appreciate the speed and magnitude of the population growth in Arlington, one must examine some statistics. Between 1950 and 1970, the population in Arlington rose from 7,692 to 90,229. After 1970, the City's population growth slowed only slightly. Between 1970 and 1990, the population of Arlington increased from 90,229 to 261,721.

The car industry, like the agricultural industry, proved a real blessing for Arlington. Lots of new families moved into the area. In addition, the cars made in Arlington helped to bring more guests to the Arlington hotels. Both the new families and the hotel guests had the same complaint:  They did not know what to do with their free time.

Their problems were alleviated, following the decisions of a couple team owners. In 1972, the owner of the Senators, the team that had played at for the U.S. Capital, moved to Arlington. There in Arlington the team took a new name - Texas Rangers. That name evoked memories of the old Wild West, when Rangers rode out in search of horse thieves and other scoundrels.

By 2006 the residents of Arlington had fully embraced their new baseball team. The team's presence brought more guests to the Arlington hotels.  By 2006 the residents of Arlington had another reason to enjoy spectator sports. Arlington was chosen as the future site for the Dallas Cowboys' new stadium.

Yet the citizens of Arlington did not spend all of their free time at ball games. The residents of Arlington also enjoyed going to a local amusement park. They liked to spend time at the park named Six Flags over Texas. That park, which had opened in 1961, helped to draw even more people to the City of Arlington. It provided more guests for the Arlington hotels.

This artilce has been viewed: 0 times this month, and 0 times in total since published.
 

A PHP Error was encountered

Severity: Notice

Message: Trying to get property of non-object

Filename: article/index.php

Line Number: 144

http://www.syl.com/articles/.html">

A PHP Error was encountered

Severity: Notice

Message: Undefined variable: sim

Filename: article/index.php

Line Number: 144

A PHP Error was encountered

Severity: Notice

Message: Trying to get property of non-object

Filename: article/index.php

Line Number: 144