Saint Therese Finalizes Land Purchase for a New Senior Community in Corcoran

Posted on July 21, 2022 by Libbie Chapuran

Saint Therese, a LeadingAge Minnesota member organization, has finalized the purchase of nearly 13 acres of rolling terrain from the city of Corcoran for its senior living community, Saint Therese of Corcoran. The closing of the land purchase is the culmination of efforts spread across three years with the city and becomes both Saint Therese and Corcoran's kickoff to a new senior community and the city's progressive Town Center development, respectively.

“We are extremely pleased to reach this significant milestone in our vision for a new senior community in Corcoran and one that will be a part of the city’s innovative Town Center development,” said Craig W. Abbott, president and CEO of Saint Therese. “When completed, our residents will enjoy the best in senior living with nearby green spaces and trails just steps away from stores and restaurants.”

Saint Therese of Corcoran will be located south of City Hall along County Road 116 (Fletcher Lane). It will be the northernmost part of the city's Town Center development and seamlessly connect to its planned downtown core of retail shops, restaurants, entertainment, parks and open space. The initial phase of Saint Therese of Corcoran will include a variety of multi-story buildings with 154 apartments for independent and assisted living. Contemplated and potential future phases include skilled nursing care and transitional care.

The city is expected to begin grading the land and extending major public utilities to the building site soon, with groundbreaking for Saint Therese of Corcoran in September.