Business Insider
By Samantha Grindell
![](https://cdn.sanity.io/images/ooqsuexs/production/095d37422fd7762dc081cf3637e24295e7a94307-1300x975.webp?rect=0,82,1300,813&w=8&h=5&auto=format)
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Chip and Joanna Gaines just completed their biggest renovation project to date.
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![](https://cdn.sanity.io/images/ooqsuexs/production/5b55d14a8a1745586797f44157d4fe7cb5700804-1300x975.webp?w=2500&auto=format)
Courtesy of Magnolia Discovery Ventures, LLC
The Gaineses turned a 100-year-old building in their hometown of Waco, Texas, into a boutique hotel called Hotel 1928 in partnership with AJ Capital Partners. Today, the hotel has three floors and 33 bedrooms, as well as two restaurants and a café.
![](https://cdn.sanity.io/images/ooqsuexs/production/dc06dfc0a3c98fb42a1199ebdc3a1b047c1f8c81-1300x968.webp?w=100&blur=20&auto=format)
![](https://cdn.sanity.io/images/ooqsuexs/production/dc06dfc0a3c98fb42a1199ebdc3a1b047c1f8c81-1300x968.webp?w=2500&auto=format)
Courtesy of Magnolia Discovery Ventures, LLC
The hotel opened Friday, and bookings can be made online, though rooms are already selling out.
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![](https://cdn.sanity.io/images/ooqsuexs/production/ef83418cebdd8c81f0eaed11d8da1aa73ac11f9d-18000x7500.png?w=2500&auto=format)
The Brasserie and Bertie's on the Rooftop courtesy of Magnolia Discovery Ventures, LLC