Breaking News

Bastrop poised to seek Media Production Development Zone designation

Bastrop poised to seek Media Production Development Zone designation

Bastrop is considering becoming the state’s second city to be designated as a Media Production Development Zone by the Texas Film Commission. At its Jan. 11 meeting, it will take its final vote on whether to apply for the designation. 

A Media Production Development Zone is a designated area for permanent moving-image production sites. 

Such zones receive tax exemptions for the construction, maintenance, expansion, improvement and renovation of a media production facility for a two-year period. The kinds of production facilities that could be built on site include animation/computer-generated imagery studios, post-production facilities, sound stages and video game development studios. 

The City Council approved a development agreement with Bastrop Colorado Bend, LLC in June 2021 to develop about 546 acres into mixed commercial developments at 1240 Lover’s Lane in the city’s extraterritorial jurisdiction. 

https://www.statesman.com/story/news/2022/01/04/bastrop-poised-seek-media-production-development-zone-designation/9089731002/