Former “Fixer Upper” stars Chip and Joanna Gaines have a lot going on between their market, restaurant, home goods, books, magazine, upcoming coffee shop and an entire TV network, but this one is a biggie. Chip and Joanna Gaines are going into the hotel biz!
The new apple of the couples’ eye is the 53,000 square-foot Grand Karem Shrine building, located just a hop, skip and a jump away from another one of their Waco business endeavors, the Magnolia Market. Built in 1928, the couple purchased the sprawling property in 2018 and have their eyes set on a 2021 grand opening.
The hotel is going to feature a grand ballroom (which, luckily for the couple, already exists in the building—it just needs a little bit of that famous Gaines TLC), a ground-floor restaurant, a rooftop terrace and café, as well as three stories-worth of rooms to accommodate their guests. The above photo is a rendering of what the finished product will look like.
Or, as the press release put it, “The hotel’s design will evoke Joanna’s affinity for timeless, classic details, while also preserving the building’s rich history and highlighting its distinctive architectural features.”
Magnolia will team up with the private real estate company Adventurous Journeys Capital Partners to make their as-yet-unnamed hotel a reality.