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UPDATE: City of Green Bay agrees to sell Clarion Hotel

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GREEN BAY, WI (WTAQ) - The city of Green Bay announced Friday that a deal has been reached to sell the Clarion Hotel to a Michigan based company.

American Hospitality has purchased the hotel for $2.7 million and will spend about $5 million on renovations.

Work is expected to be done by August 2015.

The city bought the Clarion Hotel for approximately $2.5 million back in March. They wanted to make sure the nearby KI Convention Center expansion moved forward.

(Additional reporting from FOX 11).

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