Very few people that work in Minneapolis actually live in Minneapolis.
Essentially this is just the city of Minneapolis making it harder for people to get to work. This will result in a decrease in companies based in Minneapolis without affecting the overall number of companies in the Metro Area.
For example, 3M is based in the Metro Area but their campus is not in Minneapolis.
Medtronic is based in the Metro Area but their campus is not in Minneapolis.
Boston Scientific is based in the Metro Area but their campus is not in Minneapolis.
Overall this is a short sighted move by the city of Minneapolis that will have lots of negative consequences and very few benefits.