Goddard / Homestead nonprofit of Worcester, which offers housing for the elderly, has purchased a 24-acre site on Grove Street in Worcester for $ 4.75 million, where it plans to build a new campus for the elderly, according to a press release on Saturday.

The property is located on the former site of Saint Peter-Marian High School at 781 Grove Street. It will be converted into 158 senior apartments in a three-story, 150,000-square-foot building, according to the announcement.

There will be 110 units dedicated to independent living with support, 16 for assisted living and 32 for memory support. The project should open in residence at the end of 2024.

Goddard / Homestead made the deal on December 30, according to the Worcester Southern District Deeds Register. The deal was negotiated by Worcester-based real estate company Kelleher & Sadowsky Associates, Inc..

The nonprofit has two existing locations: Homestead House on Homestead Avenue and Goddard House on Main Street, both in Worcester.

The property at 781 Grove St. was sold by the Roman Catholic Bishop of Worcester. Saint Peter-Marian High School was a private Catholic school that merged with Holy Name Central Catholic High School in Worcester in 2020 after declining enrollment rates.