Target Industries
The history of Bastrop is rich in business and commerce. Established in 1832 by Steven F. Austin’s good friend, The Baron de Bastrop, the local mainstay industries were farming and timber/lumber. When Austin became the capital of Texas, the Lost Pine Forest was the only timber available in western Texas, and Bastrop quickly began supplying Austin, San Antonio, the Western Frontier and Mexico with lumber. Today, Bastrop has grown tremendously in the manufacturing industry, media and entertainment industry, biolife sciences, and tourism and hospitality industry. Positioned a close 30-minutes to Austin provides many opportunities for each industry to expand and thrive.
Industry Growth Opportunities
Manufacturing
Bastrop meets and exceeds all Site Selection criteria for manufacturing including location, easy highway, rail and international air access, skilled labor pool, tax and property incentives, financial assistance, and low electric and water costs.
Companies like LS Electric and Technical Adhesives are leading the way for such companies to relocate to the shovel ready 263 acre Business Park zoned for commercial/industrial use and ready for development.
Life Sciences
Bastrop is one of the front runners with Biolife Sciences. Some of the Bio and life science clusters feature the MD Anderson Cancer Science Park, The University of Texas MD Anderson Cancer Center, Agilent Technologies, and The Coghlan Group and ARQ Genetics. The MD Anderson Cancer Center is recognized as a global leader in research on carcinogenesis and cancer prevention.
Film & Creative Services
As of July 2019, Bastrop County was named the Film Hospitality Capital of Texas. Since 2007, more than 50 films, television and commercial projects have been filmed in the county and there are more in the works. “Film Bastropportunities” is the new initiative that allows opportunity for growth in the film and hospitality industry.
Tourism & Hospitality
Beauty and tranquility amongst the Lost Pines and Colorado River frontage make Bastrop an easy choice for tourism attraction. The Hyatt Regency at Lost Pines Resort, ziplining at the State Park, live music by the Colorado River, the charming Downtown full of Shopping, Dining, and Distilleries, the Visitor Center Museum, the Lost Pines Art Center and Deep in the Heart Art Foundry name a few of the top visitor attractions.
Agribusiness/Food & Beverage Processing
Bastrop is well situated for food and beverage processing with ample water, proximity to regional and national markets, and proximity to agricultural products. Subsectors included in this target are snack foods; flavorings, dressings, and sauces; bakeries; and a variety of beverage manufacturing as well as cold chain and storage. Bastrop Business and Industrial Park has greenfield sites for prospects and the recommendation to construct a 50,000 square foot spec building will make Bastrop more attractive for food and beverage projects.
Business Services
High-Value Business Services covers a myriad of industries that could thrive in Bastrop. The City has the ability to attract and grow several subsectors that focus on providing value to business and consumers. Proximity to Austin and connections to the greater metro area bode well for Bastrop to support office operations. One of the most valuable assets for this target is the Austin-Bergstrom International Airport. The airport is ranked 38th in the United States based on passenger traffic and is ranked 23rd in the United States for cheapest domestic flights. The latter ranking is based on an average price of $341.51.4
Bastrop’s location near the airport opens the door for logistics offices such as freight forwarding or logistics consulting operations to be successful. Management Consulting, Architectural & Engineering Services firms as well as Corporate, Subsidiary, or Regional Managing Offices are subsectors of this target.
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Booming Industries
Some of the consistent mainstay industries are retail trade, public administration and educational services.
- Retail trade
- Public Administration
- Educational Services
- Manufacturing
- Professional, Scientific and Technical Services
- Media and Entertainment “Film Bastropportunities”
- Tourism
Businesses Welcome
We invite businesses to visit Bastrop and to discover the incredible opportunities that await when expanding within the city.