BASTROP – The city council unanimously approved a development agreement and concept plan for Bastrop 552, a 546-acre private entertainment hub and film studio.
The project will have 286 acres of film studio facilities and 40 acres of lodging and associated amenities. The final 220 acres will have restaurants, event space, golf course, a working dude ranch, campground, clubhouse, parks, and greenbelt areas.
Developer California-based Line 204 Studios had updated its plans to quell concerns about the development bringing noise, light pollution, and traffic to the city or negatively impacting wildlife.
The project will be developed in phases and create more than 1,400 jobs over several years, including 700 construction jobs. It will generate a $2 billion economic impact over ten years.
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Source: Austin Business Journal