class=”aligncenter size-full wp-image-40983″ src=”http://klax-tv.com/wp-content/uploads/2014/10/alexanderfultonhotel.jpg” alt=”alexanderfultonhotel” width=”500″ height=”265″ />The Alexandria City Council is taking the first step to selling the Fulton Hotel in the downtown area.
The hotel was founded as a public-private partnership, with the city owning the land and various private interests owning the tower. However, it has fallen into disrepair, and city officials say they want out of the hotel business.
The sale proposal will be discussed next month. The group managing the Fulton initially wanted to buy it, but their financing never came through.
KLAX ABC 31 News 10/29/14