Downtown Minneapolis, the state's largest commercial and entertainment hub, is ready for what will be a slow revival.
The COVID-19 public health crisis that morphed into a likely recession has reversed course for a downtown that was on a multiyear construction boom.
North Loop to Downtown East boasts 200,000-plus workers, 50,000 residents and hundreds of businesses at full tilt. However, we are months away from busy offices, farmers markets, restaurants, and cultural and sports events.
The U.S. economy shrank nearly 5% in the first quarter of the year. It will be much worse in the second quarter, which ends in June. Unemployment is flirting with Great Depression levels.
Gov. Tim Walz has further opened up the economy in a move that is too timid for some.
Yet in a webcast discussion on Wednesday moderated by Downtown Council CEO Steve Cramer, several business leaders embraced the go-slow reopening of the economy, in deference to public health experts who caution that a rush would lead to an acceleration of the coronavirus and a prolonged economic shock.
It will be a monthslong return at best to "normal," including prolonged telecommuting to help social distancing in workplaces.
The Downtown Improvement District (DID) ambassadors have made good use of downtime. These are the friendly blue-and-yellow-jacketed folks who make 120 blocks of downtown cleaner, greener and safer.