08/23/2026
Gerald Hines did not treat architecture as decoration.
He treated it as part of the real estate strategy.
Hines founded his firm in 1957 and went on to develop some of the most recognizable commercial buildings in the world.
One of the best examples was Pennzoil Place in Houston.
Designed by Philip Johnson and John Burgee, the project used two distinctive 36-story towers rather than another conventional office box.
The design earned enormous architectural recognition.
But it also solved a business problem.
The two-tower configuration helped accommodate two major anchor tenants while giving the project an identity that stood apart in the market.
Hines spent decades demonstrating that thoughtful architecture, engineering, and commercial performance did not have to compete with one another.
They could reinforce each other.
The real estate lesson is not simply to spend more on design.
It is to understand when design can improve how a property functions, differentiates itself, attracts demand, and remains relevant over time.
That is when architecture becomes part of the investment strategy.