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**Downtown Dallas Parking Lot Offers Major Redevelopment Opportunity**
A modest paved parking lot in Downtown Dallas is poised for a dramatic transformation. Wildcat Management, led by Tanya Ragan, has listed the 1823 Cadiz Street site for sale, opening up a variety of development possibilities for investors. Spanning two-thirds of an acre, the property presents potential for a 250-unit apartment complex, a 200-key hotel, or a large-scale mixed-use development combining retail, dining, residential, or hotel components.
What makes the site particularly attractive is the absence of height restrictions, allowing for significant vertical development. Located in the Farmers Market District, the property is just blocks away from the $3.7 billion Convention Center redevelopment project, further enhancing its appeal.
To showcase the site’s potential, Wildcat commissioned Merriman Anderson Architects and John Carruth to conduct a series of feasibility studies. In addition, its location within the Newpark Tax Increment Financing (TIF) District and a federally designated Opportunity Zone provides developers with potential financial benefits, including tax abatements and investment incentives.
Wildcat Management describes 1823 Cadiz Street as the largest contiguous redevelopment site available in Downtown Dallas, offering a rare opportunity to generate immediate income while contributing to the city’s long-term urban transformation.
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