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.