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One Entrepreneur Helping to Revitalize Detroit

How JPMorgan Chase is helping small business owner and local developer Marcus Jones revitalize his neighborhood and develop Detroit鈥檚 workforce for the city鈥檚 next chapter.聽聽

December 21, 2023

When the opened in the Spring of 2022, it became the first sit-down restaurant in the聽McNichols neighborhood in 40 years. More than just a place to grab a slice, the restaurant has become an example of how intentional community development is vital for economic growth and opportunity in a community like Detroit. It also reinforces that Detroit is a good investment.

鈥淲e studied how to rebuild in a way that supports people who are already here and how to rebuild neighborhoods in a way that is sustainable,鈥 says Marcus Jones, owner of Detroit Pizza Bar.

Upskilling For a New Workforce

Jones鈥 vision started long before his pizza bar became a reality. While in college, he realized that Detroit needed quality housing and good jobs for its residents. His first step was clear: residents needed the necessary training and skills to become a part of Detroit鈥檚 new workforce and help with construction. With support from JPMorgan Chase鈥檚 Entrepreneurs of Colors Fund, Jones and his partner launched the Detroit Training Center (DTC) to provide vocational training and certifications to local residents. 聽

The work would require partnerships with local government and community leaders. 鈥淲e worked closely with the city and state to create residential builders鈥 programs鈥攈omeowner workshops鈥攁nything to teach people to acquire and rehab property,鈥 Jones explains.

As DTC grew, it expanded to include heavy construction equipment and worked to offer training and certifications to veterans and the homeless. Today, it offers even more customized vocational training and connects its graduates to jobs in Detroit. 聽

Jones is even working to hire those newly trained DTC students himself. In 2016, he launched , which hires聽new graduates and emphasizes sustainable building for new and rehabbed residential and commercial projects.

Investing in Local Developers

As part of its ongoing investment in Detroit鈥檚 recovery and commitment to supporting local developers, JPMorgan Chase collaborated with Capital Impact Partners to launch the Equitable Development Initiative (EDI), which mentors early- and mid-career BIPOC developers, such as Jones.

鈥淲e learned early on how important it is for residents to build their own neighborhoods and to support developers who reflect the population of the city,鈥 says Pierre Batton, a JPMorgan Chase Program Officer for Global Philanthropy based in Detroit.

In four years, more than 200 local developers have been trained by the EDI or are currently participating in its programming.

Building a Pipeline for Future Success

With more residents now trained, working and involved in redeveloping Detroit鈥檚 neighborhoods, Marcus turned to his vision for a restaurant.

The idea for the Detroit Pizza Bar came after Marcus saw a request for proposals to redevelop a long-abandoned 6,000-square-foot commercial space in the聽McNichols neighborhood.

Over the course of 18 months, the building for the pizza bar was renovated by the same local residents trained by Jones through his workforce development programs. And, when the restaurant was ready to open, Jones was intentional about hiring people who lived within a two-mile radius, prioritizing those who might not be able to afford a car.聽He also reached out to public and culinary schools to train his employees in all aspects of the business so his employees could leave with even better resumes. Furthermore, his model of profit sharing helps encourage employees鈥 sense of ownership, increases motivation and creates a family-like environment.

The new restaurant is now a workforce engine that Jones sees as critical to rebuilding lives and communities.

鈥淭he restaurant serves as a pipeline for my students to get the experience they need so they can move on to bigger jobs,鈥 he said. 鈥淓verything I鈥檝e done is focused on developing the workforce and the community.鈥

Learn more about how聽JPMorgan Chase helps strengthen Detroit鈥檚 local economy聽and thousands of聽.

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