Established in 1955
Foster Enterprises is a third generation real estate development company. Originally created in 1955 as “T. Jack Foster and Sons”, the first and second generations were the developers of Foster City and other large residential developments.
T. Jack Jr. and Richard completed the Foster City project along with several other large developments in Hawaii, Texas and New Mexico. From high rise hotels to zero lot line subdivisions, the two sons expanded the residential development company to include developments in Maryland, Virginia and Florida.
3rd Generation Company
Foster enterprises was joined by three of T. Jack Sr.'s grandchildren in the eighties, Jack III, Mark and Todd who ran the company's development arm by 1987. Now a real estate investment company run by Todd Foster. Foster Enterprises invests in value add, repositioning and development properties with institutional partners.
In the nineties, the third generation began to switch the emphasis from focusing solely on residential projects to commercial developments. From ground-up development to repositioning and repurposing projects, Foster Enterprises was involved in deals from Los Angeles to San Francisco.
Adaptability. History. Integrity.
As today’s markets present constantly changing and challenging conditions, Foster Enterprises has moved forward with projects and investments, expanding into new and burgeoning markets. Residential and commercial entitlement projects, infrastructure construction and build-to-suit services comprise the majority of our portfolio.
RICHARD H. FOSTER