top of page
DJI_0360.jpg

DOWNTOWN DALLAS INVESTMENT OPPORTUNITY

 

601 Elm Street, Dallas, TX, 75202 US

Purse Building with Skyline View in Downtown Dallas | 601 Elm Street | Restored by Wildcat Management Dallas Developer Tanya Ragan

THE PURSE BUILDING
 

DOWNTOWN
DALLAS, TEXAS

image (7).jpg

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.

​

Purse Building Mural of Jane Jacobs located at 601 Elm Street designed by Wildcat Management a Dallas Real Estate Development and Investment Company
About
Restored storefront Purse Building on busy Elm Street in Downtown Dallas Texas. Why the property is unique  and special.

A BUILDING WITH HISTORY

​

  • Features original pine floors, exposed brick, and timber beams

  • Open floor plans with large industrial windows

  • Updated core and shell improvements

  • Prime corner location on busy Elm Street

  • Steps from DART station, Dealey Plaza, and Reunion Tower

  • Built in 1905 for the Parlin & Orendorff Implement Co.

  • Later housed the Purse & Co. Wholesale Furniture

  • One of Dallas’ few remaining pre-World War I warehouse buildingso

  • Positioned as a cornerstone of Dallas' next wave of adaptive reuse

  • Fastest-growing district with billions in infrastructure, tourism, and residential investments

  • Rooftop  - 360° Unobstructed Views of Downtown Dallas

  • Zoning is CA – 1(A) 

    •  All zoning allowed with no maximum density

1905

YEAR BUILT

2020

YEAR REHABBED

NUMBER OF STORIES

6 FLOORS

FLOOR PLATES

9,168 SF

Building Facts
Highlights
Anchor 1

Purse Building on Elm Street in Downtown Dallas, Texas with storefront windows and historical brick facade and busy foot traffic and pedestrians

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

Location
DJI_0363.jpg
Anchor 2

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.

TAV03599 - Copy - Copy.jpg
Purse Building Interiors with exposed brick and original hardwood floors and the Wildcat Management Project Team giving a tour of the rehabilitation project.
Dallas Data for tourism and investment
Team
Tanya Ragan standing with a Jane Jacobs Cutout in the Purse Building, a Wildcat Management Redevelopment Project.

MEET THE DEVELOPER

Wildcat Management

​

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

MEET THE WILDCAT TEAM

LET OUR PROJECT TEAM ASSIST YOU

MONICA MORENO

MICHAEL PRZEKWAS

Executive Manager

(469) 882-8716

Project Manager

(214) 758-0348

Thank you for your interest!

CONTACT US

Award-Winning Dallas Developer | Wildcat Management
Contact Us
bottom of page