DETROIT-Marian Ilitch puts a $525-million offer on the table for Mandalay Resort Group's 53.3% stake in MotorCity Casino. Mandalay Resort Group is forced to sell because of its merger with MGM Mirage Inc., which already owns a Detroit casino.

DETROIT-Marian Ilitch puts a $525-million offer on the table for Mandalay Resort Group's 53.3% stake in MotorCity Casino. Mandalay Resort Group is forced to sell because of its merger with MGM Mirage Inc., which already owns a Detroit casino.

STERLING HEIGHTS, MI-Metro Detroit Convention and Visitor's Bureau treasurer Victor Martin is spending another $2 million at his 246-room motel on 15 Mile Road and Van Dyke.

DETROIT-The city will get two new IHOP restaurants by 2007 as part of a national expansion effort to develop nearly 60 new restaurants in California, Illinois, Kentucky, Michigan, Missouri, New York, North Carolina, South Carolina and Tennessee.

CLINTON TOWNSHIP, MI-Taubman Co. is close to revealing details on its 590,000-sf, $250-million lifestyle center along Hall Road. It is part of a $500-million mixed-use development.

CLINTON TOWNSHIP, MI-Taubman Co. is close to revealing details on its 590,000-sf, $250-million lifestyle center along Hall Road. It is part of a $500-million mixed-use development.

ANN ARBOR, MI-Luxury suites are in the works at the football stadiums at Michigan and Michigan State. They are part of a $61-million renovation at Michigan State; the work in Ann Arbor takes the stadium's landmark status into account.

DETROIT-The 413-room Hotel Pontchartrain, which struggled for years in a weak Downtown hotel market, goes to auction March 8. Dallas-based Highgate Holdings does not set a minimum price.