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
Reyna Group Owner Leads Real Estate Market with Passion and Excellence

MICHELLE REYNA WYMES, a distinguished name in the Houston real estate market, is the owner of the successful boutique brokerage, Reyna Group. Born and raised in Houston, Texas, Michelle has deep-rooted connections to the community she serves with dedication and pride.

Keep Reading Show less

How did you get to where you are today? My journey to where I am today is built on a foundation of hard work, dedication, and perseverance. Every step along the way, I faced obstacles, but I approached each one with determination and a “never give up” mindset. Instead of being discouraged by challenges, I used them as opportunities to grow and improve. Consistency was key—I committed to showing up and giving my best effort every day. I also learned not to take “no” as a final answer. Instead, I saw it as a chance to push harder, adapt, and find another way forward. It’s this combination of persistence, resilience, and unwavering focus that has brought me to where I am today.

Keep Reading Show less

Murry & Karen Penner, Owners, M PENNER

How did you get where you are today? We’ve stayed true to the vision of the store’s founder, Morris Penner, who relentlessly sought out unique product, with exceptional quality being a key element. Morris always used to say, “The fastest way to lose a customer is to bore him” and we agree. A percentage of every season’s budget is allocated to something new and unique. While product is key, it’s not enough. Having an excellent staff and discipline in business practices is also critical.

Keep Reading Show less