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Mar 2, 2021 / 07:43 AM EST
INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.
New business projects
Site Selection Magazine says it moved up from the previous year.
The Midwest overall was strong with Ohio seeing a lot of new projects.
Texas led the list for a ninth straight year.
Mall values drop
U.S. mall values plunged an average 60% after appraisals in 2020.
Bloomberg says this is a sign of more pain to come for retail properties even as the economy emerges from pandemic-enforced lockdowns.
The malls are losing value as few buyers a willing to take risks on aging shopping centers as e-commerce continues to grab market share.
Site Selection Magazine also said Ohio ranked second, behind Texas, for its number of overall economic-development projects. Ohio and Texas got the same rankings last year.
State expands vaccine eligibility
Gov. Mike DeWine has expanded the list of Ohioans eligible to receive a COVID-19 vaccine. DeWine says Ohio this week will receive nearly 450,000 doses of all vaccines including the recently approved Johnson & Johnson single shot version. Starting Thursday he says people age 60 and older can now get in line for shots. He also is adding pregnant women, people with Type 1 diabetes, law enforcement officers, firefighters, prison employees, funeral directors, and preschool teachers to the list. DeWine says the new vaccines will be sent to an expanded number of pharmacies as well as to local health departments, hospitals, and chain pharmacies. DeWine says more than 900,000 Ohioans fall under these new eligibility guidelines for receiving the vaccine.