Oak Terrace Senior Living History
Our History
Oak Terrace Senior Communities are family owned and operated with their first assisted living opening July of 2000 in North Mankato. The two co-founders each had loved ones living in facilities in the 1990’s that were less than desirable. That motivated them to design and construct their first upscale assisted living community. Fast forward twenty plus years and you’ll find the same co-founders involved in operations along with their sons and servicing assisted living communities in Jordan, and Le Sueur, Minnesota to go along with their original North Mankato. Each and every one of Oak Terrace Senior Living’s 400 plus employees are dedicated to providing person centered care in a positive and enriching environment.
2000: North Mankato Opens
In the fall of 2000, Dennis and Sue Hood and Mick and Lisa Montag opened the first Oak Terrace location in North Mankato that included 54 units, providing assisted living and memory care services.
2001: north mankato additions
In 2001, the North Mankato campus added an additional 10 units that were tailored for memory care.
2003: Senior Apartment Building
Two years after adding memory care units, the North Mankato campus added a 90,000 square foot, 44 unit senior apartment building that included 16 one bedroom apartments and 28 two bedroom apartments. Amenities included a movie theater, internet lounge, beauty shop, storage compartments and heated parking garage.
2004: North Mankato Additions
In the fall of 2004, two large additions began. During the spring of 2005, five additional memory care unites were completed, followed by 16 new assisted living units that winter. In addition to the apartments, a large activities room was completed with a move theater, kitchen, exercise therapy room and a curved addition to the main dining room.
2007: New Location, Gaylord
In November 2007, Oak Terrace purchased an existing senior housing community and nursing home from the City of Gaylord. Remodeling and new construction of the facility begin in December 2007 and was completed in the spring of 2010. The renovated campus includes 54 nursing home skilled care units, 20 memory care units, 47 assisted living units and a state-of-the-art physical therapy department. Oak Terrace Health Care Center of Gaylord was sold in December of 2021 to focus on Assisted Living.
2011: New Location, jordan
In March 2011, Oak Terrace broke ground on a new senor living community in Jordan, Minnesota. The campus includes 42 independent living and assisted living units and 22 memory care units. They celebrated a grand opening on March 12, 2013.
2013: Jordan additions
Due to the strong support from the Jordan community, Oak Terrace began an expansion in the summer of 2013 to include eight additional assisted living units and four additional memory care units.
2016: New Location, Le sueur
Oak Terrace opened a new community in Le Sueur, Minnesota that accommodates 43 independent living and assisted living residents, and 20 memory care residents. Large community rooms are a feature of the property which hosts local civic organizations.
2023: Oak Terrace sponsors SCC
In May of 2023, Oak Terrace Senior Communities made a 10 year $200,000 commitment to South Central College in support of their Nursing Assistant Lab and training program.
