With a projected opening Downtown in 2027, the Oak Steakhouse is in city permitting review for build-out in The Greenleaf at an estimated project cost of $2.95 million.
Jacksonville-based Avant Construction Group is the contractor for the project at 200 N. Laura St. to convert the previous Jacobs Jewelers space on the ground floor and in the basement of the historic 12-story building.
The Indigo Road Hospitality Group will operate Oak Steakhouse. David Thompson Studio LLC of Charleston, South Carolina, is the architect.
The permit indicates 6,870 square feet of the structure at northwest Laura and Adams streets will be renovated on the corner street level.
In November 2024, South Carolina-based Indigo Road Hospitality Group announced that it would bring the steakhouse to Jacksonville in the Greenleaf & Crosby Building, another name for the property.
The Indigo group, founded by Steve Palmer, operates eight Oak Steakhouses in Arkansas, Georgia, North Carolina, South Carolina and Tennessee. The group also operates other restaurants, including O-Ku Sushi in Jacksonville Beach and seven other locations.
TheIndigoRoad.com site says Oak Steakhouse Jacksonville “brings the acclaimed legacy of its sister locations — recognized by Travel + Leisure, Atlanta Magazine, and Jezebel — to the heart of Northeast Florida.”
“Located in a beautifully restored 100-year-old building with striking art-deco character, Oak offers an elevated dining experience rooted in tradition. Guests enjoy Prime Certified Angus Beef, a seasonally driven menu featuring local and regional ingredients, a world-class wine list, and gracious, attentive service in a space that’s both sophisticated and welcoming.”
Its oaksteakhouserestaurant.com/location/jacksonville/ site says it is coming soon.
Plans indicate Oak Steakhouse will operate on the ground floor along with some work in the basement that had been used for storage and other uses.
Ground-floor work shows dining space, a bar and kitchen and service areas.
Basement work includes an office, storage, a freezer, cooler and other back-of-house uses.
JWB Real Estate Capital of Jacksonville owns the property through Creekside at Timuquana LLC.
JWB President Alex Sifakis said in February he expects the rest of the basement to be used as a speakeasy that will include a subway-style entrance from Adams Street. That will require further permitting for 3,500 square feet formerly used as a shopping area for VIP customers of Jacobs Jewelers.
Jacobs Jewelers operated in the building from 1927 to 2023.
JWB Real Estate Capital christened resurrection of the historic property in Downtown Jacksonville on Feb. 23.
The real estate company relocated its headquarters and 120 employees from Southside into the building, where several other tenants lease.
Permits list the structure’s address as 200 N. Laura St. It also uses 204 and 208 N. Laura St.
JWB Real Estate Capital bought The Greenleaf, then known as the Greenleaf & Crosby Building, in 2022 for $7 million and spent $17 million renovating it, Sifakis said.
At The Greenleaf building, a HiReformance Institute Pilates studio is open on the ground floor.
The Downtown Investment Authority approved a $4.97 million forgivable loan package in August 2023 for the building restoration.
First-floor preparation work has been ongoing.
The city issued a permit Aug. 27, 2025, for Avant Construction to prepare the space for pre-tenant uses at a project cost of $181,114. Two of the three tenants have been identified as Oak Steakhouse and HiReformance.
The building is designated as a local historic landmark and is listed on the National Register of Historic Places.