Magnolia Hotel (Dallas, Texas)
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Magnolia Building
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The façade of the Magnolia Building, now the Magnolia Hotel
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| Location | 1315 Commerce Street Dallas, Texas |
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| Coordinates | 32°46′48.43″N 96°47′56.97″W / 32.7801194°N 96.7991583°WCoordinates: 32°46′48.43″N 96°47′56.97″W / 32.7801194°N 96.7991583°W |
| Area | 0.4 acres (0.16 ha) |
| Built | 1921 |
| Architect | Alfred Bossom; Lang & Witchell |
| Architectural style |
Beaux-Arts Renaissance Revival |
| NRHP Reference # | 78002915 |
| RTHL # | 6778 |
| Significant dates | |
| Added to NRHP | January 30, 1978 |
| Designated RTHL | 1978 |
The Magnolia Hotel (sometimes called the Magnolia Building, originally the Magnolia Petroleum Building) is a 29-story, Beaux-Arts style, upscale hotel in the Main Street District of downtown Dallas, Texas, that for many years was the tallest building in the state after surpassing the Adolphus Hotel. The structure is a Dallas Landmark and is listed on the National Register of Historic Places.
The building, which opened next door to the Adolphus Hotel in August 1922 at a cost of US $4 million, was originally the headquarters for the Magnolia Petroleum Company. In 1934, the company erected its trademark neon Pegasus on the building's roof (the Pegasus logo later became the logo of Mobil Oil who merged with Magnolia Petroleum in 1959) to celebrate the American Petroleum Institute's annual meeting, held in Dallas for the first time. The rotating winged horse came to represent the city of Dallas and became one of its most recognizable and endearing landmarks, even after the building became obscured by much larger skyscrapers (the neon Pegasus can now only be seen in the downtown skyline approaching from the south).
By 1974, however, Pegasus stopped rotating due to mechanical problems and in 1977, the Mobil Oil Company moved their headquarters out of the aging building and the property was sold to the city of Dallas. The building was listed in the National Register of Historic Places in 1978.
The building was purchased by Denver, Colorado developers in 1997 and was converted into the luxury 330-room Magnolia Hotel.
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