Jeffrey K. Morgan
Morgan Construction Company was founded in 1983 by Jeff Morgan who remains President, CEO and sole shareholder to date. Mr. Morgan was 23 years old when he started the company and the capital for his first venture was borrowed on his handshake at a local bank where he had established a banking relationship as a teenager by exhibiting the merits of hard work, saving money and basic entrepreneurship.
In the early years Mr. Morgan followed a strategy of targeting a few specific markets while building a record for performance and on-time completion establishing a client base comprised of local, regional, national and international developers and brands. Mr. Morgan built his business with a relentless pursuit of excellence surrounding himself with an exceptional team of talented and dedicated employees.
The original roots of the company were in speculative residential building but the company quickly pivoted to small commercial projects where it found stability building quick-turn leasehold improvements for retail, office and medical uses. The company rapidly expanded project types to include restaurants, hotels, distribution warehouses and shopping centers. By 1990, the company was working in seven states and had established itself as a competitive leader in retail construction, particularly neighborhood grocery-anchored shopping centers which have continued to be a strong suit of the company with over 200 grocery store projects completed to date. By the year 2000, the company was active in large Power Center retail and Class A office building projects. In 2007 Morgan Construction successfully undertook its largest and most ambitious project; an 800,000sf regional lifestyle center in Lake Havasu City, AZ. With the economic downturn of 2008 Morgan implemented a plan of "strategic diversification" and on the merits of the company's reputation for performance, Morgan Construction was soon building a more diverse array of large project types.
The company has completed projects in fourteen states and now serves a broad range of clients including retail, office, multi-family, medical office, distribution/logistics, industrial/manufacturing, institutional/education and senior healthcare. Morgan Construction has completed over one billion dollars in construction work and has maintained a repeat business ratio of 97 percent.
Jeff is a graduate of the Baylor School and is a former trustee, member of the executive committee and received the distinguished alumni award. He earned his B.S. in Business Administration from the University of Tennessee with additional studies at a Knoxville technical school. Jeff and his wife Melissa reside on Signal Mountain and have three children Bri, John and Mary Austin.