Five Palms Steak & Seafood, 3500 E. Sunrise Drive, will be shutting down after five years in business.

One of Tucson’s spendiest fine-dining restaurants, where the cheapest steak on the menu will set you back $39 — the same price as the foie gras appetizer — is closing after this weekend.

Five Palms Steak & Seafood, which shares the 12,800-square-foot foothills behemoth at 3500 E. Sunrise Drive with a wine and cigar bar, night club and Mediterranean restaurant, will close at the end of business Sunday, Sept. 10, according to a posting on the restaurant’s Facebook page.

The owner, Nino Aidi, and restaurant officials could not be reached for comment Wednesday.

Five Palms opened in late 2012, the brainchild of the Syrian-French businessman Aidi, who owned and operated restaurants in Sonora, Mexico, before breaking into the Tucson market. Over the years, the business evolved to include other culinary concepts like Oliva Mediterranean Restaurant, Dovino Wine and Cigars, and the Five Palms Fine Bar.

Five Palms announced its closing on Facebook Wednesday morning: “Please join us on our last weekend open for business, and on our final Friday night dance party, as we celebrate beautiful memories of the last five years open to the public in Tucson.”

Plans include an ’80s dance party featuring Gigi & the Glow Friday, Sept. 8; and live music and drink specials Saturday and Sunday, Sept. 9 and 10.

The posting also hinted at future plans for the space and business: “Please stay tuned for special announcements. Thank you Tucson for a great 5 years and all the wonderful memories created there,” the post read.

No reasons were given for the closure.

Five Palms’ hours, listed on its website fivepalms.com, are from 5 p.m. to 1 a.m. Friday and Saturday and 5 to 10 p.m. Sunday.

Contact reporter Cathalena E. Burch at cburch@tucson.com or 573-4642. On Twitter @Starburch

I cover music for the Arizona Daily Star.