Do Chip and Joanna Gaines still own Magnolia?

Written by Admin | Last Updated: July 2026

Yes, the shopping complex known as "Magnolia Market at the Silos" in downtown Waco, Texas, is still owned by Chip and Joanna Gaines. The couple transformed this historic landmark into a major retail and tourism destination that spans two city blocks. Since the grounds opened to the public in 2015, the Silos have remained the flagship location for their business, and the Gaineses continue to operate and expand the site, which remains a cornerstone of their ongoing professional and retail endeavors.

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