Petroleum Club Moves to another Location

Dallas Petroleum Club has set its eyes for Klyde Warren Park after 15 years of partnership and residency in the Chase Tower according to a Dallas Magazine article from December 17 which reports, 

 

“Hunt Consolidated and the Dallas Petroleum Club have come to an agreement on a 15-year lease that will move the club into the Hunt headquarters at 1900 North Akard beginning in January 2023.

 

Throughout the years, the club has relocated several times. In 1940, it leased a paneled lounge and dining room on the ground floor of the Adolphus Hotel. In 1950, an addition was built onto the Baker Hotel, and the club moved there in 1952. In 1965, it took occupancy of the 48th and 49th floors of the new First National Bank Tower at 1401 Elm Street. Twenty-one years later, in 1986, the Club struck a deal with Trammell Crow to move to the top two floors of his newly constructed Texas Commerce Tower—now called Chase Tower.

 

With this latest agreement, the Dallas Petroleum Club will occupy the top two floors of the 14-story Hunt building—which was the first large, privately owned, single-tenant building constructed in the Dallas Central Business District since the 1990s. The top floor will be the club’s main dining area, and private dining rooms will be available on the floor below.

 

The Dallas Petroleum Club will be the second new tenant for Hunt’s building. Last month, JPMorgan Chase moved from its downtown Dallas offices to the building and will occupy the second through the fifth floors beginning in the third quarter of 2022.”

 

Both the president of the Dallas Petroleum Club, Jack Lafield, and the chairman of Hunt Consolidated, Ray Hunt, are very delighted with the new partnership to come and prosper together in 2022. 

 

“Arrangements for a new updated space became a paramount consideration as our growing club felt the need for further enhancements,” Jack Lafield, president of the Dallas Petroleum Club, said in a statement. “Hunt’s headquarters building is in a prime location and the club’s new quarters will be housed in a space like no other.

“This is a new era for the Petroleum Club and a new outlook for a healthy, energetic club holding proudly to a distinguished past,” Lafield said. “Partnering with such a distinguished Dallas industry family made our decision to relocate much easier.”

 

“The Petroleum Club is one of Dallas’ oldest and most respected organizations, and their commitment to the greater Dallas community is undeniable,” Ray Hunt, executive chairman of Hunt Consolidated and former president of the Dallas Petroleum Club, said in a statement. “We are extremely pleased that they have selected our headquarters building as their new home and look forward to welcoming them to one of the most dynamic areas of downtown Dallas.”

 

In 2022, the Hunt Building will now have be a host to more than 1,300 members of the Petroleum Club which was founded back in 1934.

 

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