Add another historic hotel renovation to downtown Houston’s portfolio.

The 16-story office building at 1114 Texas St. will be redeveloped into a Hyatt Place hotel, Rahul Bijlani, senior vice president of CBRE Hotels, confirmed to the Houston Business Journal. Bijlani’s client, Nick Patel of Pride Management Inc., owns the property and will lead the redevelopment, he said. Patel declined to comment for the story.

Click to read more at Houston Business Journal.