A whole block between the current Korolenko Street and Kolodetsky Lane was once part of the royal estate, where the Preobrazhensky Palace was located, built in the 1660s for Tsar Alexei Mikhailovich. Next to it stood a wooden church of the Resurrection of Christ. Both buildings were wooden and were dismantled: the palace in the 1740s and the church in the 1780s. Later, the territory passed into private hands and was used for industrial purposes. Initially, the Chorkov textile factory operated here, and then, in the second half of the 19th century, a small sugar factory owned by the Borisov merchants.

In 1897, the Moscow City Administration acquired this estate. The part facing Kolodetsky Lane was transferred to the Sokolnicheskoye branch of the Moscow Workhouse. Another part, on Ermakovskaya Street, was designated for the establishment of a shelter for the needy, founded in honor of the coronation of Nicholas II and Alexandra Fyodorovna. It was named the Coronation Asylum. The Moscow City Duma allocated funds for the construction and maintenance of the asylum, intended for the elderly, chronically ill, and those in need of special care.

In August 1898, a solemn ceremony for the laying of the first stone took place, attended by Emperor Nicholas II and Empress Alexandra Fyodorovna. The project was developed by architect Alexander Ober, but after his untimely death, construction was led by Alexander Meissner. Two symmetrical buildings were constructed, one for adults and the other for children, in an eclectic style with towers.

The Coronation Asylum was officially opened in May 1901 in the presence of the Moscow Governor-General Grand Duke Sergei Alexandrovich. In 1902, a home for incurable patients was built on the asylum's territory, funded by the Baev brothers in honor of their father. Architect Ivan Kuznetsov designed it in the same style but with elements of Art Nouveau.

From 1907 to 1910, a church was built at the Coronation Asylum, part of the funds for which were also donated by the Baev merchants. The project for the Church of the Smolensk Icon of the Mother of God was created by Alexander Meissner. The church, in the neo-Russian style with a high bell tower, is decorated with tiles.

After the 1917 revolution, the Coronation Asylum was closed. Since the 1930s, it has housed City Clinical Hospital No. 14. The church was closed during the Soviet era and repurposed for scientific and medical needs. The return of the church to the faithful and its restoration are not currently planned.