diff --git a/src/index.jsx b/src/index.jsx
index 43e2ab210..bbd95e5d7 100755
--- a/src/index.jsx
+++ b/src/index.jsx
@@ -19,6 +19,7 @@ import messages from './i18n';
 import {
   ComponentPicker,
   CreateLibrary,
+  CreateLegacyLibrary,
   LibraryLayout,
   PreviewChangesEmbed,
 } from './library-authoring';
@@ -67,6 +68,7 @@ const App = () => {
         <Route path="/libraries" element={<StudioHome />} />
         <Route path="/libraries-v1" element={<StudioHome />} />
         <Route path="/libraries-v1/migrate" element={<LegacyLibMigrationPage />} />
+        <Route path="/libraries-v1/create" element={<CreateLegacyLibrary />} />
         <Route path="/library/create" element={<CreateLibrary />} />
         <Route path="/library/:libraryId/*" element={<LibraryLayout />} />
         <Route
diff --git a/src/library-authoring/create-legacy-library/CreateLegacyLibrary.test.tsx b/src/library-authoring/create-legacy-library/CreateLegacyLibrary.test.tsx
new file mode 100644
index 000000000..fef26e122
--- /dev/null
+++ b/src/library-authoring/create-legacy-library/CreateLegacyLibrary.test.tsx
@@ -0,0 +1,202 @@
+import React from 'react';
+import type MockAdapter from 'axios-mock-adapter';
+import userEvent from '@testing-library/user-event';
+
+import {
+  initializeMocks,
+  render,
+  screen,
+  waitFor,
+} from '@src/testUtils';
+import studioHomeMock from '@src/studio-home/__mocks__/studioHomeMock';
+import { getStudioHomeApiUrl } from '@src/studio-home/data/api';
+import { getApiWaffleFlagsUrl } from '@src/data/api';
+import { CreateLegacyLibrary } from '.';
+import { getContentLibraryV1CreateApiUrl } from './data/api';
+
+const mockNavigate = jest.fn();
+const realWindowLocationAssign = window.location.assign;
+let axiosMock: MockAdapter;
+
+jest.mock('react-router-dom', () => ({
+  ...jest.requireActual('react-router-dom'),
+  useNavigate: () => mockNavigate,
+}));
+
+jest.mock('@src/generic/data/apiHooks', () => ({
+  ...jest.requireActual('@src/generic/data/apiHooks'),
+  useOrganizationListData: () => ({
+    data: ['org1', 'org2', 'org3', 'org4', 'org5'],
+    isLoading: false,
+  }),
+}));
+
+describe('<CreateLegacyLibrary />', () => {
+  beforeEach(() => {
+    axiosMock = initializeMocks().axiosMock;
+    axiosMock
+      .onGet(getApiWaffleFlagsUrl(undefined))
+      .reply(200, {});
+    Object.defineProperty(window, 'location', {
+      value: { assign: jest.fn() },
+    });
+  });
+
+  afterEach(() => {
+    jest.clearAllMocks();
+    axiosMock.restore();
+    window.location.assign = realWindowLocationAssign;
+  });
+
+  test('call api data with correct data', async () => {
+    const user = userEvent.setup();
+    axiosMock.onGet(getStudioHomeApiUrl()).reply(200, studioHomeMock);
+    axiosMock.onPost(getContentLibraryV1CreateApiUrl()).reply(200, {
+      id: 'library-id',
+      url: '/library/library-id',
+    });
+
+    render(<CreateLegacyLibrary />);
+
+    const titleInput = await screen.findByRole('textbox', { name: /library name/i });
+    await user.click(titleInput);
+    await user.type(titleInput, 'Test Library Name');
+
+    const orgInput = await screen.findByRole('combobox', { name: /organization/i });
+    await user.click(orgInput);
+    await user.type(orgInput, 'org1');
+    await user.tab();
+
+    const slugInput = await screen.findByRole('textbox', { name: /library id/i });
+    await user.click(slugInput);
+    await user.type(slugInput, 'test_library_slug');
+
+    await user.click(await screen.findByRole('button', { name: /create/i }));
+    await waitFor(() => {
+      expect(axiosMock.history.post.length).toBe(1);
+      expect(axiosMock.history.post[0].data).toBe(
+        '{"display_name":"Test Library Name","org":"org1","number":"test_library_slug"}',
+      );
+      expect(window.location.assign).toHaveBeenCalledWith('http://localhost:18010/library/library-id');
+    });
+  });
+
+  test('cannot create new org unless allowed', async () => {
+    const user = userEvent.setup();
+    axiosMock.onGet(getStudioHomeApiUrl()).reply(200, studioHomeMock);
+    axiosMock.onPost(getContentLibraryV1CreateApiUrl()).reply(200, {
+      id: 'library-id',
+      url: '/library/library-id',
+    });
+
+    render(<CreateLegacyLibrary />);
+
+    const titleInput = await screen.findByRole('textbox', { name: /library name/i });
+    await user.click(titleInput);
+    await user.type(titleInput, 'Test Library Name');
+
+    // We cannot create a new org, and so we're restricted to the allowed list
+    const orgOptions = screen.getByTestId('autosuggest-iconbutton');
+    await user.click(orgOptions);
+    expect(screen.getByText('org1')).toBeInTheDocument();
+    ['org2', 'org3', 'org4', 'org5'].forEach((org) => expect(screen.queryByText(org)).not.toBeInTheDocument());
+
+    const orgInput = await screen.findByRole('combobox', { name: /organization/i });
+    await user.click(orgInput);
+    await user.type(orgInput, 'NewOrg');
+    await user.tab();
+
+    const slugInput = await screen.findByRole('textbox', { name: /library id/i });
+    await user.click(slugInput);
+    await user.type(slugInput, 'test_library_slug');
+
+    await user.click(await screen.findByRole('button', { name: /create/i }));
+    await waitFor(() => {
+      expect(axiosMock.history.post.length).toBe(0);
+    });
+    expect(await screen.findByText('Required field.')).toBeInTheDocument();
+  });
+
+  test('can create new org if allowed', async () => {
+    const user = userEvent.setup();
+    axiosMock.onGet(getStudioHomeApiUrl()).reply(200, {
+      ...studioHomeMock,
+      allow_to_create_new_org: true,
+    });
+    axiosMock.onPost(getContentLibraryV1CreateApiUrl()).reply(200, {
+      id: 'library-id',
+      url: '/library/library-id',
+    });
+
+    render(<CreateLegacyLibrary />);
+
+    const titleInput = await screen.findByRole('textbox', { name: /library name/i });
+    await user.click(titleInput);
+    await user.type(titleInput, 'Test Library Name');
+
+    // We can create a new org, so we're also allowed to use any existing org
+    const orgOptions = screen.getByTestId('autosuggest-iconbutton');
+    await user.click(orgOptions);
+    ['org1', 'org2', 'org3', 'org4', 'org5'].forEach((org) => expect(screen.queryByText(org)).toBeInTheDocument());
+
+    const orgInput = await screen.findByRole('combobox', { name: /organization/i });
+    await user.click(orgInput);
+    await user.type(orgInput, 'NewOrg');
+    await user.tab();
+
+    const slugInput = await screen.findByRole('textbox', { name: /library id/i });
+    await user.click(slugInput);
+    await user.type(slugInput, 'test_library_slug');
+
+    await user.click(await screen.findByRole('button', { name: /create/i }));
+    await waitFor(() => {
+      expect(axiosMock.history.post.length).toBe(1);
+      expect(axiosMock.history.post[0].data).toBe(
+        '{"display_name":"Test Library Name","org":"NewOrg","number":"test_library_slug"}',
+      );
+      expect(window.location.assign).toHaveBeenCalledWith('http://localhost:18010/library/library-id');
+    });
+  });
+
+  test('show api error', async () => {
+    const user = userEvent.setup();
+    axiosMock.onGet(getStudioHomeApiUrl()).reply(200, studioHomeMock);
+    axiosMock.onPost(getContentLibraryV1CreateApiUrl()).reply(400, {
+      field: 'Error message',
+    });
+    render(<CreateLegacyLibrary />);
+
+    const titleInput = await screen.findByRole('textbox', { name: /library name/i });
+    await user.click(titleInput);
+    await user.type(titleInput, 'Test Library Name');
+
+    const orgInput = await screen.findByRole('combobox', { name: /organization/i });
+    await user.click(orgInput);
+    await user.type(orgInput, 'org1');
+    await user.tab();
+
+    const slugInput = await screen.findByRole('textbox', { name: /library id/i });
+    await user.click(slugInput);
+    await user.type(slugInput, 'test_library_slug');
+
+    await user.click(await screen.findByRole('button', { name: /create/i }));
+    await waitFor(async () => {
+      expect(axiosMock.history.post.length).toBe(1);
+      expect(axiosMock.history.post[0].data).toBe(
+        '{"display_name":"Test Library Name","org":"org1","number":"test_library_slug"}',
+      );
+      expect(mockNavigate).not.toHaveBeenCalled();
+    });
+    await screen.findByText('Request failed with status code 400');
+  });
+
+  test('cancel creating library navigates to libraries page', async () => {
+    const user = userEvent.setup();
+    render(<CreateLegacyLibrary />);
+
+    await user.click(await screen.findByRole('button', { name: /cancel/i }));
+    await waitFor(() => {
+      expect(mockNavigate).toHaveBeenCalledWith('/libraries-v1');
+    });
+  });
+});
diff --git a/src/library-authoring/create-legacy-library/CreateLegacyLibrary.tsx b/src/library-authoring/create-legacy-library/CreateLegacyLibrary.tsx
new file mode 100644
index 000000000..4a60d7e35
--- /dev/null
+++ b/src/library-authoring/create-legacy-library/CreateLegacyLibrary.tsx
@@ -0,0 +1,206 @@
+import { StudioFooterSlot } from '@edx/frontend-component-footer';
+import { getConfig } from '@edx/frontend-platform';
+import { useIntl } from '@edx/frontend-platform/i18n';
+import {
+  Container,
+  Form,
+  Button,
+  StatefulButton,
+  ActionRow,
+} from '@openedx/paragon';
+import { Formik } from 'formik';
+import { useNavigate } from 'react-router-dom';
+import * as Yup from 'yup';
+import classNames from 'classnames';
+
+import { REGEX_RULES } from '@src/constants';
+import { useOrganizationListData } from '@src/generic/data/apiHooks';
+import { useStudioHome } from '@src/studio-home/hooks';
+import Header from '@src/header';
+import SubHeader from '@src/generic/sub-header/SubHeader';
+import FormikControl from '@src/generic/FormikControl';
+import FormikErrorFeedback from '@src/generic/FormikErrorFeedback';
+import AlertError from '@src/generic/alert-error';
+
+import messages from '@src/library-authoring/create-library/messages';
+import type { LibraryV1Data } from '@src/studio-home/data/api';
+import legacyMessages from './messages';
+import { useCreateLibraryV1 } from './data/apiHooks';
+
+/**
+ * Renders the form and logic to create a new library.
+ *
+ * Use `showInModal` to render this component in a way that can be
+ * used in a modal. Currently this component is used in a modal in the
+ * legacy libraries migration flow.
+ */
+export const CreateLegacyLibrary = ({
+  showInModal = false,
+  handleCancel,
+  handlePostCreate,
+}: {
+  showInModal?: boolean,
+  handleCancel?: () => void,
+  handlePostCreate?: (library: LibraryV1Data) => void,
+}) => {
+  const intl = useIntl();
+  const navigate = useNavigate();
+
+  const { noSpaceRule, specialCharsRule } = REGEX_RULES;
+  const validSlugIdRegex = /^[a-zA-Z\d]+(?:[\w-]*[a-zA-Z\d]+)*$/;
+
+  const {
+    mutate,
+    data,
+    isPending,
+    isError,
+    error,
+  } = useCreateLibraryV1();
+
+  const {
+    data: allOrganizations,
+    isLoading: isOrganizationListLoading,
+  } = useOrganizationListData();
+
+  const {
+    studioHomeData: {
+      allowedOrganizationsForLibraries,
+      allowToCreateNewOrg,
+    },
+  } = useStudioHome();
+
+  const organizations = (
+    allowToCreateNewOrg
+      ? allOrganizations
+      : allowedOrganizationsForLibraries
+  ) || [];
+
+  const handleOnClickCancel = () => {
+    if (handleCancel) {
+      handleCancel();
+    } else {
+      navigate('/libraries-v1');
+    }
+  };
+
+  if (data) {
+    if (handlePostCreate) {
+      handlePostCreate(data);
+    } else {
+      window.location.assign(`${getConfig().STUDIO_BASE_URL}${data.url}`);
+    }
+  }
+
+  return (
+    <>
+      {!showInModal && (<Header isHiddenMainMenu />)}
+      <Container size="xl" className="p-4 mt-3">
+        {!showInModal && (
+          <SubHeader
+            title={intl.formatMessage(legacyMessages.createLibrary)}
+          />
+        )}
+        <Formik
+          initialValues={{
+            displayName: '',
+            org: '',
+            number: '',
+          }}
+          validationSchema={
+            Yup.object().shape({
+              displayName: Yup.string()
+                .required(intl.formatMessage(messages.requiredFieldError)),
+              org: Yup.string()
+                .required(intl.formatMessage(messages.requiredFieldError))
+                .matches(
+                  specialCharsRule,
+                  intl.formatMessage(messages.disallowedCharsError),
+                )
+                .matches(noSpaceRule, intl.formatMessage(messages.noSpaceError)),
+              number: Yup.string()
+                .required(intl.formatMessage(messages.requiredFieldError))
+                .matches(
+                  validSlugIdRegex,
+                  intl.formatMessage(messages.invalidSlugError),
+                ),
+            })
+          }
+          onSubmit={(values) => mutate(values)}
+        >
+          {(formikProps) => (
+            <Form onSubmit={formikProps.handleSubmit}>
+              <FormikControl
+                name="displayName"
+                label={<Form.Label>{intl.formatMessage(legacyMessages.titleLabel)}</Form.Label>}
+                value={formikProps.values.displayName}
+                placeholder={intl.formatMessage(messages.titlePlaceholder)}
+                help={intl.formatMessage(messages.titleHelp)}
+                className=""
+                controlClasses="pb-2"
+              />
+              <Form.Group>
+                <Form.Label>{intl.formatMessage(messages.orgLabel)}</Form.Label>
+                <Form.Autosuggest
+                  name="org"
+                  isLoading={isOrganizationListLoading}
+                  onChange={(event) => formikProps.setFieldValue(
+                    'org',
+                    allowToCreateNewOrg
+                      ? (event.selectionId || event.userProvidedText)
+                      : event.selectionId,
+                  )}
+                  placeholder={intl.formatMessage(messages.orgPlaceholder)}
+                >
+                  {organizations.map((org) => (
+                    <Form.AutosuggestOption key={org} id={org}>{org}</Form.AutosuggestOption>
+                  ))}
+                </Form.Autosuggest>
+                <FormikErrorFeedback name="org">
+                  <Form.Text>{intl.formatMessage(messages.orgHelp)}</Form.Text>
+                </FormikErrorFeedback>
+              </Form.Group>
+              <FormikControl
+                name="number"
+                label={<Form.Label>{intl.formatMessage(messages.slugLabel)}</Form.Label>}
+                value={formikProps.values.number}
+                placeholder={intl.formatMessage(messages.slugPlaceholder)}
+                help={intl.formatMessage(messages.slugHelp)}
+                className=""
+                controlClasses="pb-2"
+              />
+              <ActionRow className={
+                classNames(
+                  {
+                    'justify-content-start': !showInModal,
+                    'justify-content-end': showInModal,
+                  },
+                )
+              }
+              >
+                <Button
+                  variant="outline-primary"
+                  onClick={handleOnClickCancel}
+                >
+                  {intl.formatMessage(messages.cancelCreateLibraryButton)}
+                </Button>
+                <StatefulButton
+                  type="submit"
+                  variant="primary"
+                  className="action btn-primary"
+                  state={isPending ? 'disabled' : 'enabled'}
+                  disabledStates={['disabled']}
+                  labels={{
+                    enabled: intl.formatMessage(legacyMessages.createLibraryButton),
+                    disabled: intl.formatMessage(legacyMessages.createLibraryButtonPending),
+                  }}
+                />
+              </ActionRow>
+            </Form>
+          )}
+        </Formik>
+        {isError && (<AlertError error={error} />)}
+      </Container>
+      {!showInModal && (<StudioFooterSlot />)}
+    </>
+  );
+};
diff --git a/src/library-authoring/create-legacy-library/data/api.ts b/src/library-authoring/create-legacy-library/data/api.ts
new file mode 100644
index 000000000..8652eb8a6
--- /dev/null
+++ b/src/library-authoring/create-legacy-library/data/api.ts
@@ -0,0 +1,27 @@
+import { camelCaseObject, snakeCaseObject, getConfig } from '@edx/frontend-platform';
+import { getAuthenticatedHttpClient } from '@edx/frontend-platform/auth';
+
+import type { LibraryV1Data } from '@src/studio-home/data/api';
+
+/**
+ * Get the URL for creating a new library.
+ */
+export const getContentLibraryV1CreateApiUrl = () => `${getConfig().STUDIO_BASE_URL}/library/`;
+
+export interface CreateContentLibraryV1Args {
+  displayName: string,
+  org: string,
+  number: string,
+}
+
+/**
+ * Create a new library
+ */
+export async function createLibraryV1(data: CreateContentLibraryV1Args): Promise<LibraryV1Data> {
+  const client = getAuthenticatedHttpClient();
+  const url = getContentLibraryV1CreateApiUrl();
+
+  const { data: newLibrary } = await client.post(url, { ...snakeCaseObject(data) });
+
+  return camelCaseObject(newLibrary);
+}
diff --git a/src/library-authoring/create-legacy-library/data/apiHooks.ts b/src/library-authoring/create-legacy-library/data/apiHooks.ts
new file mode 100644
index 000000000..1d10760b6
--- /dev/null
+++ b/src/library-authoring/create-legacy-library/data/apiHooks.ts
@@ -0,0 +1,21 @@
+import {
+  useMutation,
+  useQueryClient,
+} from '@tanstack/react-query';
+
+import { studioHomeQueryKeys } from '@src/studio-home/data/apiHooks';
+import { createLibraryV1 } from './api';
+
+/**
+ * Hook that provides a "mutation" that can be used to create a new content library.
+ */
+export const useCreateLibraryV1 = () => {
+  const queryClient = useQueryClient();
+
+  return useMutation({
+    mutationFn: createLibraryV1,
+    onSettled: () => {
+      queryClient.invalidateQueries({ queryKey: studioHomeQueryKeys.librariesV1() });
+    },
+  });
+};
diff --git a/src/library-authoring/create-legacy-library/index.ts b/src/library-authoring/create-legacy-library/index.ts
new file mode 100644
index 000000000..b31a5c424
--- /dev/null
+++ b/src/library-authoring/create-legacy-library/index.ts
@@ -0,0 +1 @@
+export { CreateLegacyLibrary } from './CreateLegacyLibrary';
diff --git a/src/library-authoring/create-legacy-library/messages.ts b/src/library-authoring/create-legacy-library/messages.ts
new file mode 100644
index 000000000..d162e90d9
--- /dev/null
+++ b/src/library-authoring/create-legacy-library/messages.ts
@@ -0,0 +1,26 @@
+import { defineMessages } from '@edx/frontend-platform/i18n';
+
+const messages = defineMessages({
+  createLibrary: {
+    id: 'course-authoring.library-authoring.create-legacy-library',
+    defaultMessage: 'Create new legacy library',
+    description: 'Header for the create legacy library form',
+  },
+  titleLabel: {
+    id: 'course-authoring.library-authoring.create-legacy-library.form.title.label',
+    defaultMessage: 'Legacy library name',
+    description: 'Label for the title field when creating a legacy library.',
+  },
+  createLibraryButton: {
+    id: 'course-authoring.library-authoring.create-legacy-library.form.create-library.button',
+    defaultMessage: 'Create legacy library',
+    description: 'Button text for creating a new legacy library.',
+  },
+  createLibraryButtonPending: {
+    id: 'course-authoring.library-authoring.create-legacy-library.form.create-library.button.pending',
+    defaultMessage: 'Creating legacy library..',
+    description: 'Button text while the legacy library is being created.',
+  },
+});
+
+export default messages;
diff --git a/src/library-authoring/index.tsx b/src/library-authoring/index.tsx
index fb1914f6b..8b3419ff4 100644
--- a/src/library-authoring/index.tsx
+++ b/src/library-authoring/index.tsx
@@ -2,5 +2,6 @@ export { default as LibraryLayout } from './LibraryLayout';
 export { ComponentPicker } from './component-picker';
 export { type SelectedComponent } from './common/context/ComponentPickerContext';
 export { CreateLibrary, CreateLibraryModal } from './create-library';
+export { CreateLegacyLibrary } from './create-legacy-library';
 export { libraryAuthoringQueryKeys, useContentLibraryV2List } from './data/apiHooks';
 export { default as PreviewChangesEmbed } from './legacy-integration/PreviewChangesEmbed';
diff --git a/src/studio-home/StudioHome.test.tsx b/src/studio-home/StudioHome.test.tsx
index 40b104d9f..b6dbc15b3 100644
--- a/src/studio-home/StudioHome.test.tsx
+++ b/src/studio-home/StudioHome.test.tsx
@@ -113,22 +113,18 @@ describe('<StudioHome />', () => {
     });
 
     describe('render new library button', () => {
-      it('should navigate to home_library when libraries-v2 disabled', async () => {
+      it('should navigate to legacy library creation when libraries-v2 disabled', async () => {
         mockUseSelector.mockReturnValue({
           ...studioHomeMock,
           courseCreatorStatus: COURSE_CREATOR_STATES.granted,
           librariesV2Enabled: false,
         });
-        const studioBaseUrl = 'http://localhost:18010';
-
         render(<StudioHome />, { path: '/home' });
         await waitFor(() => {
           const createNewLibraryButton = screen.getByRole('button', { name: 'New library' });
 
-          const mockWindowOpen = jest.spyOn(window, 'open');
           fireEvent.click(createNewLibraryButton);
-          expect(mockWindowOpen).toHaveBeenCalledWith(`${studioBaseUrl}/home_library`);
-          mockWindowOpen.mockRestore();
+          expect(mockNavigate).toHaveBeenCalledWith('/libraries-v1/create');
         });
       });
 
diff --git a/src/studio-home/StudioHome.tsx b/src/studio-home/StudioHome.tsx
index ea7a2d5ea..fd82a5ba6 100644
--- a/src/studio-home/StudioHome.tsx
+++ b/src/studio-home/StudioHome.tsx
@@ -10,7 +10,6 @@ import {
 import { Add as AddIcon, Error } from '@openedx/paragon/icons';
 import { useIntl } from '@edx/frontend-platform/i18n';
 import { StudioFooterSlot } from '@edx/frontend-component-footer';
-import { getConfig } from '@edx/frontend-platform';
 import { useLocation, useNavigate } from 'react-router-dom';
 
 import Loading from '../generic/Loading';
@@ -91,8 +90,7 @@ const StudioHome = () => {
         if (showV2LibraryURL) {
           navigate('/library/create');
         } else {
-          // Studio home library for legacy libraries
-          window.open(`${getConfig().STUDIO_BASE_URL}/home_library`);
+          navigate('/libraries-v1/create');
         }
       };