287: How to Build Wealth & Opportunity Without Displacing the Community You Serve w/ Logan Herring

You can build something beautiful, grow it, scale it, and still protect the people and culture that made the community what it is. You’ve probably seen the opposite happen, a neighborhood gets “improved” and suddenly the folks who stuck it out through the hard years cannot afford to stay, local businesses get priced out, and the history gets wiped clean. That tension is real, especially when you are a Black entrepreneur trying to build with integrity, not just build for profit.

This episode matters because wealth building is not only about money, it is also about who has access, who has voice, and who gets to benefit long term. Logan Herring Sr. joins the show to break down how to create wealth and opportunity without displacement, using lessons from real redevelopment work in Wilmington, Delaware, while keeping the conversation practical for entrepreneurs across any industry.

Logan is the CEO of The WRK Group, which includes The Warehouse, REACH Riverside, and Kingswood Community Center. He shares how his team is replacing outdated public housing with high quality mixed income housing, creating pathways for education, health, and economic vitality, and doing it without pushing existing residents out. You will also hear how he thinks about capital, trust, and community partnership, plus the behind the scenes choices that make revitalization ethical and sustainable.

DURING THIS EPISODE YOU’LL LEARN:

• The three types of capital that shape wealth

• Why opportunity and access are not the same, and how outsiders often confuse the two

• How displacement can happen culturally and economically even when residents stay put

• What it takes to revitalize a community without repeating the harm that created the conditions in the first place

• Why Black entrepreneurs need collaboration more than control, and how sharing the pie can create real stability

Don’t miss out on the resources mentioned in this episode by checking out the show notes at blacktobusiness.com/287

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