The Exchange & Alibi Lounge brings Minneapolis entertainment to a higher caliber. Dance the night away or reserve a table for the ultimate night out. Our residents and premier DJs are sure to amp up your weekend, leaving you with a nightlife experience unlike any other. 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.