The COVID–19 pandemic and Black Lives Matter movement illuminated, at scale, the many inequities that persist within American cities — inequities that have disproportionately affected communities of color for centuries. This has created a racial wealth gap that places severe limitations on opportunities for Black Americans to achieve the “American Dream,” rendering it meaningless. As “gentrification” becomes the conventional approach to redevelop cities, we risk further exacerbating the inequities that already exist. It is imperative that we define a new model for transforming our cities, founded on values of inclusive design, wealth building, and generational racial equity. Equitable Urbanism is a strategy to right the wrongs of past visions for “urban renewal” and establish a new model for community transformation. Our strategy is centered on an understanding of the existing assets within a neighborhood and supplementing them with a program that supports and creates an ecosystem to break down the barriers to equity. Rather than demolishing the existing urban fabric to build new, our methodology focuses on a strategy of infilling voids that are scattered throughout neighborhoods — targeting available open spaces such as parking lots, vacant properties, and other underutilized sites. Using Newark, New Jersey, as a case study, our team analyzed the racial wealth gap and how a new approach to neighborhood design, focused on equity, can influence and catalyze a path to generational wealth for historically underserved communities.