News of Rock Ohio Caesars Cleveland's recent land purchase of 16 acres adjacent to Tower City Center is making its way across the news ticker. Rock Ohio is the development arm of Dan Gilbert, who is building a $600 million casino in downtown Cleveland.

On Tuesday, as reported in this Columbus Business First article, Rock Ohio Caesars paid Forest City Enterprises $85 million, $11 million of which was paid this week with the balance set to be paid through 2012.

Gilbert's Cleveland casino is slated to open sometime in 2013, which puts it behind the three other Ohio casinos. An agreement to lease space at the nearby Higbee Building could allow for a temporary casino to open in the meantime.

Jeff Linton, a spokesman for Forest City, told Columbus Business First the Higbee lease is still on the table.

"We certainly anticipate they might be in a position to make a decision on that soon," Linton told the reporter.

Read the entire article here.