The Villa Muse project is a mixed-used development that includes residential and commercial spaces - the key element is the $125m, 200-acre Villa Muse Studios, a plot developed for film, TV, game, advertising and music industries.
Villa Muse execs hope the studios - which are to host facilities such as a scoring stage, recording studios, soundstage and other offices - will create 8,000 jobs across their respective industries. The state of Texas has recently passed a vote to providestate-funded incentives for TV and film companies to set up in the region, hoping to fuel a wider multi-media culture. Austin is already home to a number of games studios and hosts the yearly Austin Game Conference at the end of the summer.
"Villa Muse will address the needs of our thriving creative industries in Texas, while attracting business that has been out of reach and forced to go elsewhere," Jay Aaron Podolnick, founder and CEO of the project, said.
"Meanwhile, Villa Muse will give Texas a centralized location where creative talent can come together to cross-pollinate and communicate in a uniquely innovative environment. And true to its name, it will be a place to live, work and be inspired."