Skip to main content

About Mahogany Development

At Mahogany Development, we pride ourselves on being a dependable partner for all your construction and building needs. Our team of seasoned professionals brings nearly two decades of industry experience to every project, ensuring top-notch quality and innovative solutions. Committed to excellence and driven by integrity, we’ve built a reputation for delivering outstanding results and exceeding client expectations.

Engineers collaborating over blueprints with safety helmets on table.

Transforming Spaces ◆ Enhancing Lives

Our Vision

At Mahogany Development, we envision setting the benchmark for excellence in the construction industry. Our goal is to be recognized as a leader in innovative and sustainable building solutions, revolutionizing the way our communities live, work, and thrive. We aspire to create projects that not only fulfill the immediate needs of our clients but also contribute to the long-term well-being and prosperity of future generations.

Our Mission

At Mahogany Development, our mission is to provide exceptional construction services driven by collaboration, innovation, and integrity. We aim to build lasting relationships with our clients through superior craftsmanship and creative solutions. Our commitment is to enhance communities by crafting enduring structures that reflect our clients’ visions and exceed their expectations.

Dereke Foster, Owner/CEO

Our Values

Collaboration at Our Core

Collaboration is at the heart of everything we do, at Mahogany Development. As a small construction company, we understand the importance of working closely with our clients, partners, and team members to achieve the best outcomes. We believe that open communication and teamwork are essential for turning visions into reality. Our commitment to working together seamlessly helps us deliver personalized solutions, address challenges effectively, and exceed client expectations, all while building lasting relationships grounded in trust and mutual respect.

Embracing Innovation

Innovation is key to our approach and success. We leverage our agility and creativity to stay ahead of industry trends and bring fresh, cutting-edge solutions to every project. Our team at Mahogany Development is committed to exploring new technologies, materials, and methods that enhance efficiency, sustainability, and design. By embracing innovation, we not only solve complex challenges but also provide our clients with exceptional value and results that stand out while delivering modern, high-quality constructions that meet today’s demands while anticipating tomorrow’s possibilities.

Integrity in Every Project

At Mahogany Development, integrity is the foundation of our work. We pride ourselves on maintaining the highest standards of honesty and transparency in every aspect of our business. From clear, upfront communication to meticulous attention to detail, we are dedicated to building trust with our clients, partners, and team members. Our commitment to integrity means we hold ourselves accountable for our work, honor our promises, and consistently deliver quality results.

Our Leadership

A confident man in a blue suit and red-striped tie smiling against a dark background.

Dereke Foster, Owner/CEO

Dereke Foster, Chief Executive Officer and Owner of Mahogany Development Inc., founded the trailblazing construction company in 2014 with a mission to provide transformative design solutions that enable clients to meaningfully enhance their residential and commercial spaces. Under his guidance, the company has evolved from a modest startup to an emerging force in the industry, catering to a diverse clientele and establishing a reputation for excellence and forward-thinking strategies.

Dereke’s introduction to the construction world came at the tender age of 10, when he began accompanying his father—a brick mason—on job sites. This early exposure instilled in him a profound appreciation for the hard work, dedication, and meticulous coordination required for successful construction projects. These formative experiences, coupled with his deep market understanding and keen foresight of industry trends, have been crucial to Mahogany Development’s enduring success. With nearly two decades of experience, Dereke has distinguished himself as a visionary leader and accomplished entrepreneur, spearheading the company’s growth and innovation since its inception.

A proud alumnus of the University of Tennessee Chattanooga, Dereke obtained his general contractor’s license in 2005. He is a passionate advocate for entrepreneurship and innovation, frequently participating in industry events and eagerly sharing his insights with aspiring entrepreneurs.

Beyond his professional achievements, Dereke values time spent with his family and actively contributes to his local community through his involvement with Foundation 101, a mentorship program dedicated to empowering teens. His commitment to both his professional and personal pursuits reflect his dedication to making a positive impact on those around him.

Our Certifications

Seal of the Governor's Office of Diversity Business Enterprise in Tennessee.
Logo of the Tennessee Department of Transportation with three stars in a circle.
Logo of TriState Minority Supplier Development Council with green and purple arcs.