Staff Reports | Business & Commerce
Prime Steak Concepts has acquired the property of the former Chart House on Camelback Lake in Scottsdale.
Prime Steak Concepts is owned by James Beard-nominated brothers Michael and Jeffrey Mastro, Dennis Mastro and business partner Scott Troilo. Together, the foursome own and operate Dominick’s Steakhouse, Steak 44, Ocean 44 and Durant’s Steakhouse in the Valley of the Sun and Steak 48 and Ocean 48 in other cities throughout the country, including Chicago, Houston, Charlotte, Philadelphia, Del Mar, Beverly Hills, and Newport Beach, according to a press release.
Durant’s Steakhouse is scheduled to reopen in the fall of 2025 after a brief remodel of the legendary Phoenix brand that will maintain and enhance the iconic feel, the release states.
Chart House was a Scottsdale mainstay since 1984 and was well known for its one-of-kind views of Camelback Lake and Mountain. With the recent acquisition of the property, Prime Steak Concepts will create a new signature restaurant at the iconic McCormick Ranch location.
“We are excited to bring a new concept and new building to this incredible location. The entire property will be re-imagined,” said Jeff Mastro. “We have been developing a great new concept and menu and are excited to share it with our community and our guests. My brother Mike and I grew up just a few blocks away in McCormick Ranch and this is the perfect place for us to do something very special that fits this iconic location.”
Representatives of the Prime Steak brand say the new concept is scheduled to open fall 2026.
