The city Downtown Investment Authority approved a $4.97 million forgivable loan package Aug. 16 for JWB Real Estate Capital LLC to finance improvements at the Greenleaf & Crosby Building at an estimated cost of $16.88 million.
The 96-year-old building is at 208 N. Laura St. at Laura and Adams streets Downtown. It is a designated historic landmark.
JWB bought the building for nearly $7 million in June 2022.