Gerald Hines’ $34.5 Million Estate Hits the Market

Gerald Hines’ $34.5 Million Estate Hits the Market

Gerald Hines' River Oaks estate / Photo by Sonya Bertolino

The estate of Gerald Hines, one of the world's most successful developers, and namesake of the University of Houston's architecture school, who passed away in August at the age of 95, has hit the market. Hines' River Oaks villa at 2920 Lazy Lane is listed for $34.5 million by Douglas Elliman Texas' Cathy Cagle and Patricia Reed.


The 4.5-acre property, situated on the famous street between Buffalo Bayou and Kirby Dr., has five bedrooms and 11 bathrooms, plus a 3,000-square-foot atrium with an enclosed pool and tennis court. The home, designed by Robert A.M. Stern Architects and completed in 1992, was initially inspired by holidays spent in Tuscany. Traditional elements — inlaid floors, chandeliers, a lacquered-wood-wrapped library, marble-bedecked bathrooms — abound.

Hines' credits include the Galleria and Pennzoil Place in Houston, as well as other iconic structures the world over — like New York's oval-shaped and pinkish Lipstick Building by architect Philip Johnson, and Frank Gehry's half-traditional, half-spectacle DZ Bank building off the Brandenburg Gate in Berlin. Founded in 1957, Hines' private Houston-based company, known simply as Hines, has 4,820 employees worldwide and does business in 25 countries, with about $144.1 billion of assets under management. He developed or acquired well more than 1,400 projects — as close as a few blocks from this very River Oaks mansion and as far away as Beijing.

"I just like building," Hines told CityBook editor Jeff Gremillion in 2015, who was on assignment for Houston magazine at the time. "And I like great architecture. Some people have scorecards for just money, but ours is a lot more than that. It's about creating better places."

Home + Real Estate
Ancient French Wellness Cures Reimagined at Houston’s Escape Spa: The Power of Vichy

Serial entrepreneur and spa visionary LeBrina Jackson

NESTLED IN THE heart of France, the town of Vichy holds a rich history in the world of wellness and hydrotherapy. Acquiring fame for their alkaline springs in the 17th century, the Romans were among the first to recognize the therapeutic benefits of the springs. They established a French spa known as “Vichy,” which still exists today and continues to attract spa-goers from around the world to experience the transformative effects of hydrotherapy.

Keep ReadingShow less

Emily Peterson

THE ARTS OF Healing organization has grown tremendously over the past few years, and this spring, Tootsies hosted a crowd of 300-plus for a charitable style show featuring 20 influential physicians and medical professionals.

Keep ReadingShow less
Parties

A sunset cruise departing from the Pier 6 marina (photo by Sabrina Miskelly)

ALREADY KNOWN FOR fantastic views, Pier 6 Seafood & Oyster House is one-upping itself. The restaurant is now offering sunset cruises on Galveston Bay through a partnership with Great Escapes Yacht Charter.

Keep ReadingShow less
Food