1933 Lounge Planned for New Carmel Arts & Design District Development – Indianapolis Business Journal

A 43,000 square foot building would include a 1933 salon at South Rangeline Road and 1st Avenue Southeast in Carmel. (Render provided by Carmel Redevelopment Commission)

Huse Culinary, the Indianapolis-based restaurant company that includes St. Elmo Steak House and Harry & Izzy’s restaurants, plans to bring its 1933 Lounge concept to a redevelopment project for Carmel’s Arts & Design District.

Indianapolis-based developer LOR Corp. and the Carmel Redevelopment Commission are planning the project on two acres across from the Indiana Design Center at the intersection of South Rangeline Road and 1st Avenue Southeast.

The project at 111 S. Rangeline Road would include a three-story, 43,000-square-foot mixed-use building on the western portion that would include 1933 Lounge on the first floor, according to the city’s press release Friday.

The top two floors of the building would house offices and mixed-use spaces. The development would also include 12 three-storey townhouses for sale with roof terraces on the eastern part of the site.

LOR would be the developer of the project. 1933 Lounge would be a tenant.

The Carmel Redevelopment Commission will seek city council approval for $3.5 million on Monday to purchase the property for the project, according to Carmel Redevelopment Commission executive director Henry Mestetsky.

Mestetsky said funds for the purchase would come from tax-raise financing bonds the city issued last year.

Huse Culinary CEO Craig Huse said in the statement that expansion to Carmel has been a priority for the company for the past two years.

“[1933 Lounge is] a destination, especially for people in central Indiana,” Mestetsky told IBJ. “Huse knows what they’re doing. They’re some of the best, and it’s good to have them in our core.

The new development will include the demolition of existing structures on the largely vacant lot, including the Favorite Finds antique store house at 111 S. Rangeline Road and two residential homes for rent.

Huse opened the first saloon in 1933 on the second floor above the St. Elmo Steak House at 127 S. Illinois St. A second location opened in 2019 in the Fisherman’s Quarter.

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