The local development company eyeing a Hyatt Centric hotel for SoBro has released new images for the project.

Nashville-based C.B. Ragland Co. has begun work on what will be a 20-story building on a 0.5-acre property at 200 Molloy St. and across Second Avenue from the company’s 222 2nd mixed-use tower. The hotel will offer 252 rooms, a 120-seat restaurant and about 8,000 square feet of retail space, according to company President Michael Hayes.