Hyatt Place The Hyatt Place Hotel will be a 150-key all-suite select service hotel.

HOUSTON—The 1950’s era Southwestern Bell Telephone Company office building in downtown is finding new life as a 150-key all-suite select service Hyatt Place Hotel. Dallas-based HALL Structured Finance closed a new first lien construction loan totaling $22.8 million to finance the adaptive reuse of the hotel project.