Oak Terrace Senior Living History
Oak Terrace Senior Living History
Oak Terrace Senior Living has proudly served seniors in Minnesota since 2000. Founded by Dennis and Sue Hood and Mick and Lisa Montag, two families motivated to improve senior care, Oak Terrace is a family-owned and operated network of senior living communities dedicated to offering upscale assisted living, memory care, and independent living options.
Over twenty-five years ago, the co-founders opened their first facility in North Mankato, Minnesota, driven by the desire to create person-centered senior care environments that set new standards for comfort, safety, and community engagement.
Milestones in Our History
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.
Our Commitment
Today, Oak Terrace Senior Living boasts over 400 passionate employees serving seniors across three Minnesota locations: North Mankato, Jordan, and Le Sueur. Our communities offer:
- Personalized assisted living care services
- Specialized memory care programs for Alzheimer’s and dementia
- Comfortable independent living options
- Enriching activities, exceptional dining, and vibrant social opportunities
- Family-owned values focused on respect, compassion, and dignity
