09/28/2026 | Press release | Distributed by Public on 09/28/2026 06:19
Post by Lily Tikijian
Sr Director, Communications & Engagement
PHOENIX (Sept. 28, 2026) - Thompson Thrift announced today that 1933 Lounge by St. Elmo has signed a lease for an approximately 8,000-square-foot restaurant at The Gilmore, the company's 35-acre mixed-use development in Gilbert.
The new location will mark the first 1933 Lounge outside Indiana, bringing Huse Culinary's unique and elevated dining and cocktail lounge experience to the Southeast Valley. Thompson Thrift expects to deliver the space in October 2026, with 1933 Lounge anticipated to open in fall of 2027.
1933 Lounge is a 21-and-over restaurant and cocktail lounge from Huse Culinary, the restaurant group behind St. Elmo Steak House, an Indianapolis institution founded in 1902 and one of Indiana's most recognizable restaurants. The 1933 Lounge menu features the iconic St. Elmo Shrimp Cocktail alongside sushi, aged steaks and signature cocktails, bringing together celebrated classics and contemporary favorites.
1933 Lounge builds on that legacy with an intimate, speakeasy-style atmosphere and elevated dining and cocktail experience. Named for the year Prohibition ended, the concept draws inspiration from the elegance and hidden lounges of the era while pairing that spirit with modern sophistication. The Gilbert restaurant will introduce the concept to a new market while carrying forward the tradition and hospitality that have defined the St. Elmo brand for more than 120 years.
The signing also marks the latest chapter in an established relationship between Thompson Thrift and Huse Culinary. The companies previously partnered to bring both 1933 Lounge and The HC Tavern + Kitchen to Fishers District, Thompson Thrift's expansive mixed-use development in Fishers, Indiana.
Located at the northwest corner of Val Vista Drive and Germann Road, just off Loop 202, The Gilmore was designed to bring a new level of dining, retail and lifestyle offerings to one of the Southeast Valley's fastest-growing communities. The development combines restaurants, retail, office space and a hotel with vertically integrated residential. A Main Street-inspired entrance, pedestrian-friendly walkways and landscaped gathering spaces were designed to seamlessly connect the project's uses.
The approximately 200,000-square-foot commercial portion of The Gilmore is anchored by a recently opened Safeway and complemented by The Residences at The Gilmore, a 300-unit luxury apartment community set to welcome residents later this year.
Thompson Thrift continues to maintain an active development pipeline throughout Arizona, with projects including Pointe17 and Refinery at Pointe17 in Phoenix, The Maddox in Buckeye, Stella in San Tan Valley, Southbridge Marketplace in Maricopa, Elliot Tech Center in Mesa and Germann Commerce Center in Queen Creek.
Over the past 40 years, Thompson Thrift has invested billions of dollars into local communities nationwide and has become known as a trusted partner engaged in all aspects of development, construction, leasing and management of high-quality real estate projects across the country.
About Huse Culinary
Huse Culinary is an Indianapolis-based hospitality company that develops, operates and supports a portfolio of upscale restaurants, retail food and spirits brands. The company is built around the legacy of St. Elmo Steak House, which has served guests in the same downtown Indianapolis location since 1902 and is home to the world-famous St. Elmo Shrimp Cocktail, served at every Huse Culinary restaurant. Known for its aged steaks, chops, seafood, and professional service, the family of brands also includes 1933 Lounge by St. Elmo, Harry & Izzy's, The HC Tavern + Kitchen, St. Elmo Foods and Prime Aged Spirits. For more information, visit HuseCulinary.com.