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    Profiles of Innovation

    Former Houston restaurateur Beau Theriot rebuilds after freak fire, creates anenduring Oasis of fun

    Arden Ward
    Aug 15, 2012 | 4:24 pm
    Former Houston restaurateur Beau Theriot rebuilds after freak fire, creates anenduring Oasis of fun
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    When you think of exchanging Austin's urban attractions for something on the softer side, there is likely one spot that comes to mind without fail: The Oasis.

    A lakeside slice of heaven for over three decades, The Oasis has been an iconic escape for Austinites — and Texans in general — thanks to the innovation of founder and owner Beau Theriot.

    Raised in the East Texas town of Port Arthur, Theriot’s entrepreneurial spirit started young. He opened his first restaurant in Houston, The Brownstone, at the young age of 26, while at the same time developing a thriving interior design and antiques business, all located on Virginia at Westheimer, on the cusp of River Oaks.

    “It’s very difficult to be successful without some capital behind you, and I had no capital,” Theriot says. “I had to create my own capital.”

    “It’s very difficult to be successful without some capital behind you, and I had no capital,” Theriot says. “I had to create my own capital.”

    Perseverance and creativity paid off, and after the success of The Brownstone, Theriot turned his sights toward Austin and a lakeside hilltop in the middle of nowhere.

    “I told everyone I wanted to open a little beer garden on the hill overlooking Lake Travis, overlooking Hippy Hollow,” he says. Though many had their doubts, Theriot purchased the hilltop locale in 1978, signaling the renaissance of a destination that’s now a deeply rooted piece of Austin culture.

    As the years passed, Hwy. 2222 shifted from a small winding road to a main thoroughfare and families began planting roots in Lake Travis, but one thing remained the same: The Oasis continued as a popular watering hole.

    Billed as "the sunset capital of Texas," the hilltop retreat is known for its margaritas (six varieties on the bar menu) and other libations that flow as diners and drinkers gather across the multiple levels of decks that overlook the lake. The Oasis even runs an annual sunset photo contest.

    Theriot’s spirit wasn’t broken by the fire — in fact, he applied the tenacity and perseverance from his early career and rebuilt a bigger space that is even more of a destination for visitors.

    In 2005, tragedy hit when lightning struck The Oasis and in just three-and-a-half hours, the restaurant was demolished. “I live next door, so it was one of the most heartbreaking things a business owner could go through,” Theriot recalls. “Just like losing a person you love.”

    But Theriot’s spirit wasn’t broken by the fire — in fact, he applied the tenacity and perseverance from his early career and rebuilt a bigger space that is even more of a destination for visitors. “I decided a few years ago that this hilltop here in Austin was what I wanted to concentrate on and make the neatest hilltop it could be in this whole part of the country.”

    Today, The Oasis has been transformed into a village with several restaurants — including chef-driven Soleil and Uncle Billy’s — and seasonal attractions like an ice-skating rink during the holidays. “My next goal is to create a small lodge out here at The Oasis. Something with a beautiful view — a place for people to come and stay.”

    The road for Theriot has been a winding one. But hard work, creative ideas and chance-taking paved the way to success for the man and his hillside haven. "I wasn't dependent on other people to make me successful, I was dependent on myself," Theriot says.

    He recalls the words of naysayers from decades ago: “Nobody will ever drive way out there to eat.” That may have been the case before Theriot’s vision was realized. But today, his little beer garden is an oasis for thousands. “Last Saturday, we served over 5,000 meals,” he laughs. “I proved them all wrong.”

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    a major award

    $2.6 million grant funds UH research towards a fentanyl vaccine

    InnovationMap Staff
    Dec 17, 2025 | 3:15 pm
    Hands holding pill bottle
    Photo by Jellybee on Unsplash
    UH has received a new financial gift towards the Michael C. Gibson Addiction Research Program, which is developing a fentanyl vaccine.

    The estate of Dr. William A. Gibson has granted the University of Houston a $2.6 million gift to support and expand its opioid addiction research, including the development of a fentanyl vaccine that could block the drug's ability to enter the brain.

    The gift builds upon a previous donation from the Gibson estate that honored the scientist’s late son Michael, who died from drug addiction in 2019. The original donation established the Michael C. Gibson Addiction Research Program in UH's department of psychology. The latest donation will establish the Michael Conner Gibson Endowed Professorship in Psychology and the Michael Conner Gibson Research Endowment in the College of Liberal Arts and Social Sciences.

    “This incredibly generous gift will accelerate UH’s addiction research program and advance new approaches to treatment,” Daniel O’Connor, dean of the College of Liberal Arts and Social Sciences, said in a news release.

    The Michael C. Gibson Addiction Research Program is led by UH professor of psychology Therese Kosten and Colin Haile, a founding member of the UH Drug Discovery Institute. Currently, the program produces high-profile drug research, including the fentanyl vaccine.

    According to UH, the vaccine can eliminate the drug’s “high” and could have major implications for the nation’s opioid epidemic, as research reveals Opioid Use Disorder (OUD) is treatable.

    The endowed professorship is combined with a one-to-one match from the Aspire Fund Challenge, a $50 million grant program established in 2019 by an anonymous donor. UH says the program has helped the university increase its number of endowed chairs and professorships, including this new position in the department of psychology.

    “Our future discoveries will forever honor the memory of Michael Conner Gibson and the Gibson family,” O’Connor added in the release. “And I expect that the work supported by these endowments will eventually save many thousands of lives.”

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    This story originally was published on our sister site, InnovationMap.

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