The Exchange & Alibi Lounge bring Minneapolis nightlife and entertainment to a higher caliber. This exquisite pair has been restored to showcase the building’s original limestone walls and marble floors. A full 7,200 square feet, The Exchange features two full bars, a dance floor, exclusive VIP seating and a built-in photo area. It also boasts the most state-of-the-art sound and light equipment available in North America—the first Funktion-One EVO sound system. The stylish and open layout of The Exchange can accommodate up to 750 guests. Alibi Lounge at The Exchange is a swanky cocktail lounge full of stunning beauty and custom-designed furniture. Perfect for any modest corporate or social event, Alibi Lounge can accommodate up to 125 guests. Our quaint space and artfully handcrafted cocktails are sure to delight.