[The Renaissance Revival Magnolia Building was built in downtown Dallas in 1921. The original rotating Pegasus is made of porcelain and neon on a 50 foot tall rotating base of a makeshift oil derrick, was built atop the 29 story Renaissance Revival Magnolia Building now the Magnolia Hotel. Pegasus was built by Texlite sign company for the Magnolia Oil Company in 1934, to celebrate the American Petroleum Institute's annual meeting, held in Dallas for the first time in 1934. It was conceived as the symbol of Magnolia Oil, which in 1959 was folded into Mobil. The flying red Pegasus appeared on Magnolia and later Mobil signs at filling stations. Pegasus remained on the Magnolia building until 1999, when rusted and decrepit, it was taken down. A new Pegasus, costing $600,000, was made for the city’s 2000 Millennium Celebration and took its place atop the Magnolia Hotel. It was fully illuminated at the stroke of midnight on Jan. 1, 2000. “The ‘Flying Red Horse,’ as it was referred to by Dallas residents, immediately became a landmark. Standing majestically 450 feet above street it was visible 75 miles away. Pilots reported catching sight of it 60 miles south in Hillsboro, and some claimed to see it from as far away as Waco. The Magnolia was the tallest building in Dallas and in Texas for decades. For those who grew up in Dallas, Pegasus has long been our beacon, our emotional bond to the city we know as home, a link to the memories of a bygone time. Pegasus is our Gateway Arch, our Statue of Liberty. The Pegasus icon can be seen in many places in Dallas. The original Pegasus was put in storage and lost until April, 2012. Found in pieces it was lovingly restored, at a cost of $200,000. THE ORIGINAL, restored PEGASUS measures 42 feet wide and 40 feet high, rising upward from the base of a rotating 22-foot-highmakeshift oil derrick platform and moved to its’ CURRENT location of Omni Dallas Hotel and relit on May 27, 2015. 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 Replacement neon Pegasus can now only be seen in the downtown skyline approaching from the south). ). .]
Virtual Reward - 2017/2018
This Virtual Cache is part of a limited release of Virtuals created between August 24, 2017 and August 24, 2018. Only 4,000 cache owners were given the opportunity to hide a Virtual Cache. Learn more about Virtual Rewards on the Geocaching Blog.
Congratulations to AMaMatt823 for being FTF!