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Municipality of Anchorage finalizes controversial purchase of Midtown hotel for use as drug and alcohol treatment center
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The municipality on Tuesday finalized its purchase of the Best Western Golden Lion Hotel in Midtown Anchorage, which it has planned to use as a drug and alcohol treatment center.
It’s the first closing of four buildings the city hopes to buy as it works to take a more comprehensive approach to addressing homelessness in Anchorage.
According to the Alaska Recorder’s Office, the deal was finalized Tuesday morning.
The sale price was $9.3 million, according to Carolyn Hall, a spokeswoman for the acting mayor. The city inspected the hotel, at 36th Avenue and Seward Highway, and determined no major renovations were needed. Staff will now make minor repairs before handing the building over to the health department. ....

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