BY JOEL VALLEY
Looking ahead
Zooming out
Senate Bill 22, which will take effect Sept. 1, will increase funding for the Texas Movie Indus- try Incentive Program, or TMIIP, from $200 mil- lion to $300 million each biennium, and places an emphasis on hiring local talent, as funding can only be spent in Texas. Lt. Gov. Dan Patrick said in an April statement that “for every dollar spent on incentives for the film industry, nearly five dollars is generated for the Texas economy.” Tommy Warren, owner of Spiderwood Studios in Elgin, has used the TMIIP since its inception and said he is pleased with the increased incen- tives under SB 22—legislation that represents a $1.5 billion investment over the next 10 years. “[Before SB 22], there were so many people that would apply to TMIIP, but then time would run out, and funds would run out,” Warren said. “This really makes a major difference, and I think it’s going to be a tremendous boost for the state and for Bastrop, of course.”
Wyldwood Studios, among the many production sites across the state eager to capitalize on TMIIP incentives, is scheduled to be ready for construction beginning in December, with plans to open its first two soundstages in 2027, said Trevor Hightower, a partner on the project. Development will follow a multiphased approach, with the first phase building on 45 of the available 75 acres. A second phase will feature a third amphitheater and more lodging options, as well as other recreational options along the Colorado River. Officials said surrounding traffic will be taken into consideration. The Texas Department of Transportation partnered with the Capital Area Metropolitan Planning Organization to conduct a feasibility study with public comment opportunities for nearby FM 969 from SH 130 to Hwy. 71—an area that also houses several of Elon Musk’s ventures.
Wyldwood Studios would offer several amenities, including:
Studios
Soundstages
Podcast spaces
Coworking environments
An on-site spa and wellness center
Farm-to- table dining
Amphitheaters for concerts, festivals and gatherings
Residential spaces for cast and crew
SOURCE: WYLDWOOD STUDIOS/COMMUNITY IMPACT
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𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒 𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂 . 𝐍𝐍𝐍𝐍𝐍𝐍𝐍𝐍𝐍𝐍𝐍𝐍 𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋𝐋 . 𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒𝐒 𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂𝐂 .
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