Close Menu
The Baylor Lariat
    Facebook X (Twitter) Instagram YouTube LinkedIn
    Trending
    • Baylor community unites in flash flood relief efforts
    • Baylor rescinds LGBTQIA+ inclusion research grant after backlash
    • Students react to emergency alert following campus lockdown
    • Baylor shelter-in-place lifted following police pursuit of robbery suspects
    • Baylor graduate charged after killing cats with pellet gun, hanging bodies over utility lines
    • Baylor Football’s Alex Foster dies at 18
    • Board of Regents confirms budget, renovations, new leadership in May meeting
    • How facilities responds to storms, flooding in campus buildings
    • About us
      • Spring 2025 Staff Page
      • Copyright Information
    • Contact
      • Contact Information
      • Letters to the Editor
      • Subscribe to The Morning Buzz
      • Department of Student Media
    • Employment
    • PDF Archives
    • RSS Feeds
    Facebook X (Twitter) Instagram YouTube LinkedIn
    The Baylor LariatThe Baylor Lariat
    Subscribe to the Morning Buzz
    Sunday, July 13
    • News
      • State and National News
        • State
        • National
      • Politics
        • 2025 Inauguration Page
        • Election Page
      • Homecoming Page
      • Baylor News
      • Waco Updates
      • Campus and Waco Crime
    • Arts & Life
      • Wedding Edition 2025
      • What to Do in Waco
      • Campus Culture
      • Indy and Belle
      • Sing 2025
      • Leisure and Travel
        • Leisure
        • Travel
          • Baylor in Ireland
      • Student Spotlight
      • Local Scene
        • Small Businesses
        • Social Media
      • Arts and Entertainment
        • Art
        • Fashion
        • Food
        • Literature
        • Music
        • Film and Television
    • Opinion
      • Editorials
      • Points of View
      • Lariat Letters
    • Sports
      • March Madness 2025
      • Football
      • Basketball
        • Men’s Basketball
        • Women’s Basketball
      • Soccer
      • Baseball
      • Softball
      • Volleyball
      • Equestrian
      • Cross Country and Track & Field
      • Acrobatics & Tumbling
      • Tennis
      • Golf
      • Pro Sports
      • Sports Takes
      • Club Sports
    • Lariat TV News
    • Multimedia
      • Video Features
      • Podcasts
        • Don’t Feed the Bears
      • Slideshows
    • Advertising
    The Baylor Lariat
    Home»News

    Magnolia expands: network, new building downtown

    Elisabeth ThomasBy Elisabeth ThomasNovember 26, 2018Updated:November 26, 2018 News No Comments3 Mins Read
    The building, located in downtown Waco will be home to the Gaines's new Magnolia Vacation Rentals development. Claire Boston | Multimedia Journalist
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Lizzie Thomas | Staff Writer

    Chip and Joanna Gaines announced on The Tonight Show Friday they will be starting a “lifestyle-oriented” TV network, yet to be named.

    In addition to releasing Joanna’s book, “Homebody,” this weekend and signing a contract with the city to purchase a large downtown building from the county this week, the couple will be refocusing their role in the TV business. On the show they told Jimmy Fallon that the majority of the network will be filmed in and around Waco.

    “We’re excited to share that we are currently in the early stages of talking with Discovery about a lifestyle-focused media network for Magnolia,” John Marsicano, a spokesman for Magnolia, said.

    According to Magnolia’s social media, Chip Gaines apparently jumped the gun, as details have not been solidified.

    “The details surrounding this opportunity remain a work in progress, but together, our hope is to build a different kind of platform for unique, inspiring and family-friendly content,” Marsicano said.

    Magnolia’s social media described Gaines getting so excited that he spilled the beans on TV.

    Immediately after the show, @Magnolia tweeted “We want to create a space on television unlike anything that exists today. A lifestyle channel aimed at inspiring and looking at the world in a new way. Stay tuned…”

    Magnolia Vacation Rentals is also looking to physically expand further into downtown.

    The company is under contract with the county to purchase the Karem Shriners building, one of the buildings that adds to Waco’s downtown historical character, which is appraised for $1.6 million, as well as a county garage, potentially for additional parking. According to Dustin Chapman, the county administrator, Magnolia HQ LLC is under contract for the Karem Shriner and its parking for $930,000 and the garage for $500,000.

    “There are currently a few different ideas under consideration, but we have not made a final decision yet. We’re excited about the possibilities of this downtown location and appreciate the ongoing support from the county, the university and the city,” Moriscano said.

    The Karem Shriners building on the 700 block of Washington is 90 years old and has a distinct arabesque style. The county bought the building from the Shriners (a branch of the Masons) in 1995.

    Magnolia has not publicly indicated any intended uses for the property.

    “They’ve done so much for Waco and Baylor that it needs to be their announcement,” Jim Peevey, a commercial real estate broker the county hired, said.

    According to Peevey, the county wanted to sell because they were not using the building; they wanted to get it back on tax rolls and it’s a good time to be selling property downtown.

    “We’re excited, and it’s a good time for downtown Waco,” Peevey said.

    Elisabeth Thomas

    Keep Reading

    Baylor community unites in flash flood relief efforts

    Baylor rescinds LGBTQIA+ inclusion research grant after backlash

    Students react to emergency alert following campus lockdown

    Baylor shelter-in-place lifted following police pursuit of robbery suspects

    Baylor Football’s Alex Foster dies at 18

    Board of Regents confirms budget, renovations, new leadership in May meeting

    Add A Comment

    Comments are closed.

    Recent Posts
    • Baylor community unites in flash flood relief efforts July 9, 2025
    • Baylor rescinds LGBTQIA+ inclusion research grant after backlash July 9, 2025
    About

    The award-winning student newspaper of Baylor University since 1900.

    Articles, photos, and other works by staff of The Baylor Lariat are Copyright © Baylor® University. All rights reserved.

    Subscribe to the Morning Buzz

    Get the latest Lariat News by just Clicking Subscribe!

    Follow the Live Coverage
    Tweets by @bulariat

    Facebook X (Twitter) Instagram YouTube LinkedIn
    • Featured
    • News
    • Sports
    • Opinion
    • Arts and Life
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.