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Take Offs and Landings

Hoo boy! There is big money being spent out by DTW. A Minneapolis-based investment group bought the Crowne Plaza Hotel for $10.7 million in April and is spending $6 M on renovations. Now you can call it Sheraton Detroit Metro Airportt hotel, or a place to get trapped in a conference room all day. There are 12,000 square feet of renovated meeting space. [Crain's]