According to this April article from the Minneapolis-St. Paul Business Journal, the plan is to further increase the amount of office space in the old bunker, and also aggressively court "service providers" who will cater to the people who live and work downtown instead of continuing the futile effort to compete with the Dales and Mall of America. One of the changes mentioned in the article was the addition of an "upscale grocery store with heavy emphasis on deli and prpared foods." Hmmm. Sounds a lot like Dayton's Marketplace to me, or perhaps like the Lund's that's supposed to go in down Hennepin Avenue by MCTC.
I'm generally skeptical about redvelopment efforts like this, but for once it seems like the developers are using their brains for something besides an ear separator. My only question is whether there'll be enough customer flow to keep a bunch of low-margin stores and eateries alive in City Center. Even before the redevelopment started, the Food Court had lost Arby's and 1 Potato 2, and I believe the closing of the DQ/Orange Julius also predated the renovations. We'll see how it goes. I'm less concerned with this sort of thing than I was back when I lived in Minneapolis and saw my property taxes getting pissed away on subsidies for this sort of thing.