-- Located within the downtown business district of Dallas, Texas, 1823 Cadiz Street is an income-producing property positioned on one of the most prominent undeveloped blocks in the city’s core, offering both immediate revenue potential and long-term development flexibility.
The 0.67-acre property currently operates as a revenue-generating surface parking lot with 68 spaces. Zoned PD 357, it allows a wide range of commercial and residential uses with no height restrictions and is located within both the Newpark Tax Increment Financing District and a federally designated Opportunity Zone, providing multiple layers of incentive for investors seeking projects aligned with favorable capital structures.
Wildcat Management engaged Merriman Anderson Architects to complete concept studies showing the site’s scale and optionality. The designs illustrate potential for a 250-unit multifamily project, a 200-key hotel, and a mixed-use configuration integrating residential, hospitality, retail, and dining components. Concept imagery accompanying this announcement illustrates the property’s development potential and architectural versatility.
“Downtown Dallas offers investors rare scale and optionality,” said Tanya Ragan, president of Wildcat Management. “This property provides both immediate yield and the ability to participate in a city experiencing record levels of infrastructure investment and corporate growth. Dallas continues to attract institutional capital drawn to its growth and stability.”
Construction is underway on the $3.7 billion Kay Bailey Hutchison Convention Center expansion, which the City of Dallas expects to inaugurate in April 2029. Meanwhile, the U.S. Securities and Exchange Commission approved the Dallas-based Texas Stock Exchange’s registration on September 30, 2025, signaling the emergence of a new financial hub expected to begin operations in 2026. Together, these initiatives reinforce long-term confidence in Dallas as a global center of commerce and investment.
“Cadiz stands at the center of this momentum,” Ragan added. “It’s a generational opportunity for an investor, developer, or capital partner who wants to be part of shaping Dallas’s next decade of growth.”
As investor attention toward Dallas accelerates, Wildcat Management continues to expand its portfolio of institutional-scale offerings, combining legacy assets such as The Purse Building with forward-looking sites like 1823 Cadiz Street. The firm remains focused on advancing projects that reflect Dallas’s ongoing transformation and long-term growth trajectory.
About Us: Wildcat Management is a Dallas-based real estate development and investment firm focused on strategic urban growth and large-scale property investment. Led by founder and president Tanya Ragan, the firm specializes in identifying high-impact sites and executing projects that contribute to the long-term economic vitality of downtown Dallas and the greater North Texas region.
Contact Info:
Name: Monica Moreno
Email: Send Email
Organization: Wildcat Management
Address: 1801 N Lamar St #201, Dallas, TX 75202
Phone: (214) 758-0348
Website: https://www.pursebuildingdallas.com/
Release ID: 89172586
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