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
Lawyers Can Be Cool — Especially Lauren Varnado and Energy Experts at Michelman & Robinson!

Lauren Varnado

Law firms aren’t typically associated with cool, but then again, Michelman & Robinson, LLP is no ordinary law firm. Fact is, M&R is different, special and, yes, cool. Especially the lawyers in its Houston office, which is the hub of the firm’s robust energy practice.

Keep Reading Show less

ANNUALLY ONE OF the city's largest and most successful fundraising fetes, this year's Cattle Baron's Ball surpassed expectations, raising $1.6 million for the American Cancer Society.

Keep Reading Show less
Parties

Dennis Quaid-autographed 'Gordo' guitar by Tra' Slaughter

SEPTEMBER IS SUICIDE Prevention Month, and U.S. military veterans are a population that continues to bear disproportionately higher rates of suicide. Nearly one million veterans are afflicted with Post Traumatic Stress Disorder (PTSD), and more soldiers have committed suicide since 9/11 than have died in actual battle.

Keep Reading Show less
Art + Entertainment