Price Family Sells Petroleum Club Building to Kismet Stratton for Renovations
The Price Family has sold the historic Petroleum Club Building in Tulsa to Wichita-based Kismet Stratton Investments LLC. The new owner, KS Petroleum Club LLC—a subsidiary of Kismet—plans a major renovation focused on restoring and enhancing key areas such as the lobby, ground floor, building frontage, and parking garage while adhering to historical preservation standards. The redevelopment includes plans for a full-service restaurant with an outdoor patio at street level, restored exterior lighting, and negotiations for a premium fitness club operated by a well-known brand. Kismet aims to create a vibrant space that enhances the experience of tenants in legal, financial services, and professional sectors currently housed in the building. Stuart Price from the Price Family praised Kismet’s vision as one that aligns with Tulsa's history while setting new standards for modern urban living.
Topics: building_acquisition historic_preservation restaurant_development