THE PURSE BUILDING
DOWNTOWN
DALLAS, TEXAS
ABOUT
THE PURSE BUILDING
A century-old icon in Downtown Dallas — a rare opportunity for transformative redevelopment.
Acquisition Opportunity: A once-in-a-generation redevelopment opportunity in the heart of Dallas. The Purse Building offers scale, history, skyline views, and walk ability to everything.
Located in the heart of Downtown Dallas, the Purse Building stands as a rare piece of the city’s architectural and commercial history. Originally built in 1905 as a warehouse for the Parlin & Orendorff Implement Company, this iconic six-story red brick structure has witnessed over a century of Dallas’ transformation.
Now, this beautifully preserved historic building presents a one-of-a-kind redevelopment opportunity. With exposed brick, tall ceilings, large industrial-style windows, and sweeping views of the downtown skyline, the Purse Building is perfectly suited for adaptive reuse.
Perfect for boutique hotel, multi-family or condo development, creative office, or a flagship destination for a single user, the possibilities are limitless. Located steps from the new $3B Dallas Convention Center redevelopment and Dealey Plaza.
A BUILDING WITH HISTORY
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Features original pine floors, exposed brick, and timber beams
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Open floor plans with large industrial windows
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Updated core and shell improvements
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Prime corner location on busy Elm Street
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Steps from DART station, Dealey Plaza, and Reunion Tower
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Built in 1905 for the Parlin & Orendorff Implement Co.
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Later housed the Purse & Co. Wholesale Furniture
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One of Dallas’ few remaining pre-World War I warehouse buildingso
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Positioned as a cornerstone of Dallas' next wave of adaptive reuse
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Fastest-growing district with billions in infrastructure, tourism, and residential investments
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Rooftop - 360° Unobstructed Views of Downtown Dallas
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Zoning is CA – 1(A)
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All zoning allowed with no maximum density
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1905
YEAR BUILT
2020
YEAR REHABBED
NUMBER OF STORIES
6 FLOORS
FLOOR PLATES
9,168 SF
Conveniently located at the corner of Elm St.
Located just one block from the DART Rail Station, the Purse Building also has easy access to all four Dallas Area Rapid Transit rail lines for a painless workday commute and a direct route to the DFW International Airport.
MILES
0.1
West End Transit Stop
MILES
0.5
NEW $3B Convention Center Completion 2029
MILES
6.3
Dallas Love Field Airport
MILES
20.2
DFW International Airport
INVESTMENT
HIGHLIGHTS
TAX ABATEMENTS
The Purse Building has 3 tiers of tax rebates available due to it being a rehabilitation historic structure providing tax incentives for owners of the building.
ELM STREET MOMENTUM
The Purse Building, a 65,000 square foot redevelopment site in the historic West End District of Downtown Dallas, Government District and across from Dealey Plaza and JFK Plaza.
WALKABLE AND TRANSIT ORIENTATED LOCATION
The Purse Building has easy access to all four Dallas Area Rapid Transit rail lines for a painless commute to the office or airport.
MEET THE DEVELOPER
Wildcat Management, led by Tanya Ragan, is a Dallas-based firm focused on urban
revitalization, adaptive reuse, and legacy-driven real estate investment. Known for
taking on complex, high-impact projects in under served urban areas, Wildcat believes
in preserving the past while building for the future.
The Purse Building reflects that ethos:
“We don’t just develop properties—we tell their stories and bring them back to life.”
— Tanya Ragan
