As founding Principal and CEO of Urbane Development, James Johnson-Piett is an evangelist for a new kind of community development that emphasizes community anchor businesses and institutions as agents of change – solving local problems and elevating the quality of life for underserved communities.
With over two decades of experience in various facets of economic and community development, James is responsible for the overall management, operations, and strategic vision for Urbane, which works with historically disinvested communities through an integrated approach that includes research, consulting, and place-based investing. James has worked in 100+ communities across North America and the Caribbean, with over 1,500 small businesses, representing over 1.5 million SF of commercial and community facility space. James has marshaled over $225 million for small business and asset building initiatives with the goal of promoting community wealth generation. During his tenure, Urbane has co-developed over $800M in mixed-use, impact real estate, including over 2000 units of affordable housing.
James spearheads Urbane’s signature community wealth building initaitives, including the establishment of Brick and Bond, Urbane's capital management platform that marshals institutional and community capital to neighborhood assets; and the Urbane CARE Fund, a pilot Community Investment Vehicle and Neighborhood REIT - which is a member of the Boston Impact Initiative’s Emerging Fund Manager Cohort which is a national network of 20+ emerging fund managers working to develop blended capital, place-based investment vehicles explicitly focused on racial and economic justice.
Within Urbane's mixed-use development portfolio - James led the redevelopment Flatbush Central, the preservation of a historic Caribbean multi-vendor marketplace as part of a $134M new construcion 14-story mixed-use development featuring 255 units of affordable housing. The project successfully transitioned 29 of the original legacy vendors to the new facility, as well as established new culinary, body care, and design/textile production labs in partnership with Mangrove FC's non-profit business incubator, along with a Caribbean themed food hall.
In addition, James catalyzed the creation of a neighborhood-based market intelligence practice – piloted in low- and moderate-income communities in Brooklyn - focused on Alternative Credit and Credit Proxies, Neighborhood Financial Health Impact Metrics, Micro-Entrepreneurship, and Criminal Justice Fines/Fees research and insights. James and his team have provided feasibility and market intelligence for light manufacturing-, arts/culture anchored-, and mixed- use real estate concepts for government, non-profit, for-profit economic development and real estate development clients across the US, Canada, and the Caribbean.
Earlier in his tenure at Urbane, James designed the Green Grocer Project, a $55M revolving loan fund and comprehensive technical assistance program accelerating grocery development in Detroit; the program attracted the first chain supermarkets - Whole Foods and Meijer in Detroit in over 15 years, and was awarded the Bronze Star Award from the International Economic Development Council as one of the top economic development programs in the US in 2015.
Currently, James serves as board chairman of Mangrove Community Wealth, Inc., a newly formed non-profit organization seeking to advance community wealth building through field building and prototyping best practices from across the globe. He is currently a board director of The Merchants Fund in Philadelphia, The Criterion Institute based in Connecticut, and the National Conference on Citizenship based in Washington, DC.
James was named one of the Notable Leaders in Real Estate by Crain's New York in 2022, an Aspen Ideas Festival Fellow in 2019, 40 under 40 Rising Star by Hunter College Food Policy Center in 2017, one of the 100 Most Influential People in Brooklyn Culture by Brooklyn Magazine in Spring 2016, and recipient of the 2016 Reginald Butts Social Responsibility Award at the Brooklyn Honors sponsored by the YMCA. James is an alumnus of Swarthmore College and MIT’s Center for Real Estate, Professional Development Institute.
