I agree things look bleak for that city but on the other hand it has a lot going for it. It does have an international airport and the park and lake system along with the Mississippi river and Minnehaha creek parkway does not have it's equal in any city I've been. The quaint and historical neighborhoods surrounding the lakes and waterways are idyllic. Downtown Minneapolis has lost most, if not all, of the major stores ever since Southdale in the 1960's drew customers away, and then after that shopping malls everywhere and Mall of America in Bloomington. It has adjusted to that, but I don't see how it can adjust to destruction of the business and residential communities.
As I recall a lot of east coast money came into Minneapolis after the 1968 riots; the art school I went to went from a little obsolete building to today's multi-block complex, same for the attached art institute. The Swedish institute, Guthrie theater, the grand homes up and down Park & Portland avenues are some of the few remaining examples of it's history.
I guess I do not want to believe that Minneapolis is beyond restoration; I am aware I have an emotional response to what is happening there as our family history goes back to the 1880's there and now all the places in our family photo albums are today in a state of mild to massive devastation. The Democrat/Socialist political and social environment there doesn't bother me, it has always been that way. My grandfather was one, but they didn't support anything at all like what is going on there today. It is heartbreaking to watch, I am hopeful for it's future but I won't be in it.