Calvin Young Voted BDC Board Chair in Closed Session, Replaces Chiasera

Calvin Young was confirmed as chair of the Baltimore Development Corporation after the BDC board voted in closed session to accept Mayor Brandon Scott’s nomination on Feb. 19, 2026. Young, who serves as interim Deputy Mayor for Community and Economic Development and joined the Mayor’s Office as a Senior Advisor in September 2024, attended the meeting and presided over the panel after it emerged from the closed session; August Chiasera will become chair emeritus.

The BDC announced the appointment on its LinkedIn page, which lists 8,456 followers, posting: “We’re excited to announce Calvin Young, Interim Deputy Mayor for Community and Economic Development, as the new Board Chair of the Baltimore Development Corporation. Calvin brings deep experience, steady leadership, and a strong commitment to advancing inclusive economic growth across the City of Baltimore. We look forward to working together to support Baltimore’s businesses, neighborhoods, and communities as we continue building a stronger local economy.”

Young’s municipal title and private-sector record were detailed in the organization’s related press materials and city biography. Baltimore City notes Young co-founded Green Street Impact Partners, previously worked at Camden Partners and Harbor Bankshares Corporation, and has “led over $145 million in investments and financings.” His education includes an M.B.A. from Harvard Business School and a B.S. in Mechanical Engineering from New York University; an Engineering Nyu profile records his NYU graduation in 2010 and traces an early career through United Technologies Corporation’s Operations Leadership Program and roles at Pratt & Whitney and Sikorsky Aircraft.

The BDC also moved forward on board composition in a press release announcing five new appointments: Maria Harris Tildon, Derrick A. Dickens, John Lewis, and Calvin Young as directors, with Amber Greene joining as an ex officio member. The press release highlights John Lewis as president and CEO of Harbor Bankshares Corporation and The Harbor Bank of Maryland, a fintech founder, and a former senior official in Merrill Lynch’s Global Wealth and Investment Management division.

The BDC is described in public materials as a quasi-public organization and the city’s lead economic development agency, with a mission to grow Baltimore’s economy in an inclusive manner by retaining, expanding, and attracting businesses and promoting investment. Otis Rolley has served as the BDC’s president and CEO “since last June,” according to reporting quoted by the BDC announcement.

Public records supplied with the announcement do not include a separate effective date for Young’s term beyond the Feb. 19 vote, and there was no statement from Mayor Brandon Scott included with the LinkedIn post. City Hall contact information listed on the Baltimore City site for Young’s office is Room 250, 100 N. Holliday St., Baltimore, MD 21202, City Operator (410) 396-3100, and 311 service for City residents.