Wildcat Management’s 1823 Cadiz Street has drawn significant attention as one of the last remaining large-scale development sites in Downtown Dallas. The 0.67-acre fully entitled site in the Dallas Central Business District covers nearly half a city block, carries no height restrictions, and sits at the intersection of multiple major investment corridors reshaping the city’s southern core.
Key Highlights
- 0.67-acre site covering nearly half a city block in the Dallas CBD — one of the largest available development parcels remaining in the downtown core
- Zoned PD 357 with no height restrictions, no parking minimums, and a 20:1 floor area ratio — approximately 580,000 SF of theoretical buildable area with no variance required
- Located within the Newpark TIF District and a federally designated Opportunity Zone, providing significant tax incentive tools for qualifying developers
- Three development programs studied by Merriman Anderson Architects: 250-plus-unit residential tower with ground-floor retail, 200-key hotel, or a combined residential and hospitality program — all by right under current zoning
- Currently generates income as a revenue-producing surface parking lot while the buyer plans development
- Positioned between the Farmers Market District, City Hall, and the emerging Arena District — at the center of every major investment corridor now moving in downtown Dallas
- The $3.7 billion Convention Center redevelopment is underway nearby, with the proposed arena in the City Hall District expected to follow in 2030 or 2031
Why This Site Matters
Sites like 1823 Cadiz are rare in any major U.S. downtown. A parcel of this scale, with by-right entitlements already in place, no height cap, and three public incentive programs stacked on top of each other, represents the kind of opportunity that typically disappears before it becomes broadly known. Dallas adds more than 700 new residents to the DFW area every single day and posted 49 million visitors last year — the fastest-growing visitor market in the country.
The site sits at the convergence of the Convention Center District, the Farmers Market District, the City Hall corridor, and the emerging Arena District. Every major public investment currently moving in downtown Dallas passes within blocks of 1823 Cadiz — and unlike most downtown parcels, this one is ready to build on without entitlement risk.
“Dallas is experiencing an unprecedented wave of growth, and this site sits at the center of it. The Convention Center redevelopment and the infrastructure upgrades happening across the district are creating the most exciting development environment we’ve seen in decades. Opportunities of this scale simply don’t exist downtown anymore.”
— Tanya Ragan, President, Wildcat Management
As Seen on Business Insider
Founder and President of Wildcat Management, Tanya Ragan is a Dallas real estate developer, investor, and entrepreneur with twenty years developing some of North Texas’s most recognized neighborhoods. 2024 Texas Icon. Top 100 CRE Influencer. Co-author of Blaze Your Own Trail. She started in fashion, detoured through oil fields, built half of downtown Dallas, and has opinions about all three.