WACO, Texas — Magnolia has announced a plan to bring a new hotel to downtown Waco, in partnership with Adventurous Journeys Capital Partners, according to a release Thursday morning. The hotel is slated for a 2021 opening.

The hotel is unnamed at the moment, but it is planned to be hoisted in the historic Grand Karem Shrine Building at 701 Washington Ave., just a few blocks away from Magnolia Market at the Silos.

“Home is a feeling, created by and for the people you love and share your life with," Chip and Joanna Gaines said. "It’s a state of being known and loved just as you are."

Magnolia also released a video of the pair announcing the new project to its YouTube channel, expressing their excitement about the 53,000 square-foot building. 

The unnamed hotel will feature a roof-top terrace, a grand ballroom and a ground-floor restaurant.

More details about the project will be released in the next couple of months.

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