SLTX Capital Converts Scanlan Building to Hotel
The historic 1909 Houston building at 405 Main St. is being remodeled into a 140-room Canopy by Hilton hotel.
Updated on Nov. 10, 2026 in Hotels
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SLTX Capital is fully remodeling the Scanlan building at 405 Main St. in downtown Houston into a Canopy by Hilton hotel. Canopy by Hilton Houston broke ground in June 2026, with the hotel scheduled to open in late 2027 with 140 rooms.
Why it matters
Converting an existing building can be faster and cheaper than ground-up construction, and in many cities it is easier to secure than a new site. The project adds hotel capacity downtown while preserving a building that was once the tallest in Houston.
The project uses historic tax credits and will fully replace the building's plumbing, electrical, mechanical systems, and elevators. The 87,000-square-foot building is planned to hold 140 rooms when it opens in late 2027.
The players
SLTX Capital
SLTX Capital is the investment firm that acquired the Scanlan building and is converting it into the hotel.
Canopy by Hilton
Canopy by Hilton is a lifestyle hotel brand under Hilton Worldwide, which operates a portfolio of 28 brands across more than 9,600 properties.
Studio South Design
Studio South Design is the design firm partnering with SLTX Capital on the renovation of the Scanlan building.
The details
The Scanlan building's crown molding, marble walls, original flooring, and exterior mural are being preserved while its mechanical systems and elevators are replaced. Planned amenities include a restaurant and bar, a rooftop garden, a fitness center, and communal gathering spaces, designed in partnership with Studio South Design.
Timeline
1909: The Scanlan building is originally built.
Late 2024: SLTX Capital acquires the building after the prior owner surrenders it to foreclosure.
June 2026: Canopy by Hilton Houston breaks ground.
Late 2027: The 140-room hotel is scheduled to open.
Hotel Expansion Trend
The Canopy conversion adds to Hilton's expanding portfolio of 28 brands and more than 9,600 properties reported in its third-quarter 2026 results. It reflects a broader pattern of hotel developers reusing older urban buildings rather than building new structures.
Travelers looking for downtown Houston lodging will have a new 140-room option once the hotel opens in late 2027. Those planning stays before then should check current availability at existing properties nearby.
The takeaway
Reusing a 1909 landmark for a modern hotel shows how older buildings can gain new purpose while keeping their architectural character. Travelers can watch for the late 2027 opening to see how the preserved details fit a contemporary guest experience.
What happens next
The hotel is scheduled to open in late 2027 with 140 rooms.
Further reading
Explore more Houston hotel news to see how new openings are reshaping the downtown lodging market.
Source note: This article includes information reported by THP News.
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