WACO – Chip and Joanna Gaines and AJ Capital Partners are transforming the Grand Karem Shrine building at 701 Washington Ave. into a 40-room hotel.
The three-story, 53,000-sf property was built in 1928.
The hotel will feature a rooftop terrace, ballroom, and street-level café.
Construction will be complete by 2021.
The Real Estate Center has more Waco news online:
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.