
Building Equity helps cities and institutions turn capital into durable local value.

Local Ownership
Capital attraction is no longer enough. Cities must structure investment so more value remains rooted locally. Local ownership is becoming a competitive advantage for cities that want growth to translate into lasting wealth.
Local Ownership
Cities do not just need capital to enter. They need ownership models that help value stay, circulate, and build local wealth.
City Investibility
A different way to evaluate cities shaped by industrial transition and long-term disinvestment.
Too much urban investment is structured around completing projects rather than strengthening the local economy around them.
Assets are financed. Land values shift. Returns are generated. Yet local businesses, residents and institutions often remain disconnected from the ownership and decision-making structures that determine who benefits over time.
Building Equity works on the missing architecture: the investment, ownership and governance models that allow cities to retain more of the value development creates.
Building Equity designs local ownership and investment models for cities and regions navigating economic transition.
We produce place-based analysis of capital flows, ownership conditions, land use, institutional assets and investment opportunities in cities navigating economic transition.
Intelligence products: Published analysis, market briefs and commissioned institutional reports.
We help cities, project developers and economic development organizations move promising opportunities from technical viability to a stronger investment proposition.
Advisory services: Investment narratives, stakeholder alignment, project positioning and local ownership strategy.
We develop the ownership, finance and governance structures that connect development activity to durable local value.
Application areas: Workforce-linked ownership, community asset models, locally anchored business development and blended capital structures.
Investment should do more than complete a project. It should increase a city’s capacity to own, govern and reinvest in its future.
The Local Capital Loop is Building Equity’s framework for designing urban investment around local ownership and value retention.
Capital Inflow
Investment enters the local economy
Productive Assets
Capital builds housing, businesses and civic assets
Broader Ownership
Residents, enterprises and institutions hold a stake
Local Value Circulation
Revenue, earnings and benefits remain local
Reinvestment Capacity
Local value supports future investment
Housing
Ownership-linked development and neighborhood stability
Small Business
Local enterprise growth and procurement
Workforce
Skills connected to earnings and asset participation
Land & Civic Assets
Stewardship and productive local use
Gary offers a critical case for understanding the future of urban investment in legacy industrial cities. Its location, infrastructure, industrial history and community assets sit alongside the long-term effects of population loss, disinvestment and economic transition.
Building Equity is developing a place-based intelligence brief examining how capital, ownership and local assets can be aligned around a stronger model of economic renewal.
Get notified when the Gary Intelligence Brief is published.
Building Equity partners with institutions seeking a more durable model of urban investment.
Identify investable opportunities, strengthen local ownership strategies and improve capital readiness.
Translate place-based priorities into credible investment and implementation models.
Connect capital deployment, institutional partnerships and local economic value.
Structure investment opportunities around local ownership, stakeholder alignment and long-term value creation.

Raquel Wilson
Founder & CEO
Raquel Wilson is the Founder & CEO of Building Equity, where she designs local ownership and investment models for cities and regions navigating economic transition.
Her work sits at the intersection of capital, governance, entrepreneurship and institutional trust. Across more than two decades, she has advised multilateral institutions, governments, investment partners and growth-stage enterprises across Africa, Europe and North America.
Her experience spans development finance, venture-backed enterprise, strategic communications, infrastructure, civic engagement and place-based economic development. She holds an MBA from Imperial College London, with a focus on strategy, energy and cleantech investments, and has completed advanced study in sustainable urban development and the Future of Cities.
Building Equity works with institutions seeking to understand markets differently, position investment more effectively and design ownership structures that strengthen local economies over time.
Our Work Intelligence Gary Framework About Contact