514 Studios is a historic and unique venue located in the heart of the North Loop Neighborhood of Minneapolis. Once a thriving industrial area, the North Loop has been revived as an industry-leading artistic community.
------- RENTAL RATES -------
\\\\\ May - October (Peak Season)
Monday through Thursday
- 12 hours between 8am - 12am - $3,600 rental
Friday - 12pm - 1am - $6,500
Saturday - 12pm - 1am - $6,900
Sunday - 10 Hours between 8AM - 12AM - $5,200
\\\\\ November - April (Off Season)
Please inquire for off-season rates
All Pricing Subject to Taxes + Service Fees
++$500 Room Flip Fee
-------- INCLUDED WITH YOUR RENTAL --------
Our pricing is for the use of the Main Studio, the Green Room, and the gorgeous, natural-light bridal suite located upstairs. Rental is based on 150 guests for a seated dinner or 200 guests for a standing reception.
Furniture Included in Rental
150 Chairs
15 (60”) rounds (seats 8-10)
10 (36”) Bar or Standard Height Tables (seats 3-4)
10 (6’) Banquet Tables (seats 6-8)
Movable Bar
Lounge Furniture in Green Room
WiFi
Fully equipped kitchen for caterer prep
Day of Coordination by MAVEN up to 12 hours
-------- DAY OF COORDINATOR --------
Events on Fridays, Saturdays and Sundays include 12 hours of Event Coordination Services through MAVEN with a Day of Coordination Package.
We require a day of coordinator on site for all events. If you choose not to use a Maven Coordinator, we are happy to provide your designated coordinator with a list of responsibilities required.
-------- FOOD & BEVERAGE --------
We provide a list of approved caterers for you to enhance your event. Due to the historic nature of the facilities located in the North Loop Neighborhood of Minneapolis, vendors are required to sign off on our “Vendor Agreement Policy“ required to help protect and preserve this historic building. Catering vendors on our list have agreed to terms and conditions of protecting and preserving the historic site. You may use a catering company not on our preferred list, if they sign the “vendor policy” and are approved by the facilities staff.
We have a prep kitchen that is available for your caterer’s use during your rental term.
You can bring in your own alcohol! All alcohol must be surrendered to and served by a licensed and insured bartender. No alcohol can be consumed without service from a licensed and insured bartender.
-------- AV & LIGHTING --------
AV packages available upon request to ensure technology enhances your important event. Popular packages include Cafe Lighting Inside & Outside, Uplighting, 2 Speaker Sound System and Microphone Package.
Full A/V equipment rental and support is available. Ask your sales representative for full details regarding labor rates, which can vary based on complexity and time of operation. Standard rates are $75/hr for setup/strike and $85/hr for Event Operation.
-------- PARKING --------
4 parking spaces are included at the 514 Building, which you may use to park vehicles or as an outdoor gathering space for guests.
Meter Parking is always available. There are over 100 meter parking spots within 5 blocks of the venue. Check city signs for pricing and hours of enforcement.
Valet is available. Have your guests pull right up front and leave your car with us. Nearly all events offer Valet parking as an option for guests. Inquire for valet pricing.
Reserved Parking is available in the Designer's Guild Building located less than 2 blocks away. Contact available upon request. (401 N 3rd St #240, Minneapolis, MN 55401)
------SECURITY SERVICE----
If you are providing alcohol at your event then security must be on site during event hours. The rate is $40-60/hr with a minimum of 4 hours. Rate depends on the type of security required.
Terms and Conditions
Please contact us for complete terms and conditions.
Hourly rates are applicable for shorter events, at a minimum of 4 hours.
We offer hourly rates for Sundays-Fridays, ranging between $250-$300/hr.
All Events Include:
• 150 White Resin Folding Chairs w/Padded Seat
• 10 ~ 36” Bar (or Standard) Height Tables (seats 3-4)
• 15 ~ 60” rounds (seats 8-10)
• 10 ~ 6’ tables (seats 6-8)
• Moveable Bar
• Wifi
• Kitchen for caterer prep area
Events on Fridays, Saturdays and Sundays include day-of event coordination services through Maven (see below). Event time on Fridays, Saturdays and Sundays is noon - 1am. Additional hours may be added to the beginning of daytime rental period at the rate of $125 per hour, starting no earlier than 7am. For weddings, you are more than welcome to host both your ceremony and reception with us. There is a $300 room flip charge. Please inquire for pricing for weddings November - March.
Security is required at events where alcohol is being served.
We are more than happy to hold a date for you for 7 days. Your event date is fully secured when your contract and deposit of 50% of the rental fee is received.
Terms and Conditions
Please contact us for complete terms and conditions.
The Planning Process:
• Maven will assign you a coordinator who will schedule one, one hour in-person meeting (approx 1 month) before your wedding to review all elements and details of your wedding celebration and start setting up a timeline.
• Unlimited emails one month before your wedding.
• Vendor management begins two weeks before your wedding date. We will become the primary contact for all vendors and facilitate all final payments on the day of your wedding.
• Confirm all vendor orders and quantities on rental items according to your vendor contracts.
• Create a final layout for you after the in person meeting.
• Create a minute-by-minute timeline of your wedding day.
Wedding Day Management:
• One coordinator for up to 12 hours (noon – midnight).
• Management of Vendors. Oversee room set up. Styling and install rentals and any of your DIY materials. Meet with each vendor, review timeline, distribute final payments and tips.
• Set up and style reception items like centerpieces, place cards, guest book, favors, gift table, candy bar (if applicable) and any other design items. (All DIY items to be discussed with coordinator prior to wedding day. If DIY elements require additional setup time for your coordinator, you may need to consider adding a Day of Production Coordinator for setup only.)
• Meet and greet guests, facilitate ceremony, cocktail hour and reception. Coordinate vendors and events throughout the day.
• Line up the Wedding Party when we are getting ready for the processional & cue the music.
• Line up the Wedding Party for the Grand Entrance.
• Make sure guests know where they are going for cocktail hour.
• Continued management of the timeline through the wedding.
• Wedding day emergency kit will be made available.
• Coordinate collection of gifts, guest book, cameras, and personal items and bring to your suite or designated car (While within the 12 hour timeframe) *Items/gifts cannot be transported off site due to liability.
• Confirm post event transportation is on time.
If coordination of rehearsal is needed + $125 ~ Maven will execute wedding rehearsal at wedding venue for one hour & collect all design items at rehearsal to prepare for the wedding day.
Terms and Conditions
Please contact us for complete terms and conditions.