Mel Foster

History

Mel Foster Co. was founded in 1921 in Davenport, Iowa, as a one man, one room real estate company by 21-year old Mel Foster Sr. The company built its first house in 1927, the first of thousands it would build in the Quad city are. By 1936, Mel Foster had established real estate offices in Moline and Rock Island, Illinois, plus offered a full service insurance division. Under the direction of Mel Foster Jr. the company continued its tradition of leadership. Both Mel Foster Sr. and Mel Foster Jr. were consummate city planners. They believed that it was important to provide affordable housing and that industry would locate where housing was readily available. To that end Mel Foster Co. successfully negotiated major industrial site purchases in the Quad Cities, including International Harvester, Caterpillar, 3-M, Cordova Nuclear Power Plant, ALCOA, and John Deere Davenport Works

Specialties

Founded in 1921, Mel Foster Co. is a Real Estate Leader of Eastern Iowa and Western Illinois serving Davenport and Bettendorf in Iowa, Moline and Rock Island in Iowa, and the surrounding Quad City area, and it is one of Iowa's largest independently owned real estate companies. The company specializes in residential and commercial real estate sales and offers services in insurance, farm and land sales, land development, and management, relocation, career development, new construction and senior services.