Greystones Media Campus Limited has submitted a planning application for a new film/TV studio and media campus on an 18-hectare IDA Ireland site at Killincarrig in Greystones in Co Wicklow.
The new development will facilitate the growth of the country's film and television industry.
The planning application proposes 14 studios, offices and ancillary production buildings in a landscaped setting, which will more than doubling the available stage capacity available to film, TV and media crews in Ireland.
Subject to planning, and once fully operational, the site will be the first step in a process which hopes to deliver up to 1,200 new jobs in the film, media and broadcasting sectors.
The development could also in turn lead to, in the region of up to 300 full time positions in other sectors of the Irish economy through knock-on impacts.
A further 580 jobs could be created during the construction phase, Greystones Media Campus said.
The audio-visual sector is currently worth over €1 billion to the Irish economy, with 12,000 people employed in film, television and animation production.
The proposed facility will seek to build upon the existing Dublin-Wicklow film and screen cluster, the leading economic cluster of its type in the country.
It will also work to consolidate Wicklow's position as the traditional heart of television and film production in Ireland.
A spokesperson for GMC said that while Wicklow is the only county in Ireland to have two large-scale studios, the existing infrastructure needs to be supported and expanded if Irish productions are to compete internationally.
"In addition, the increasing demand for content from global companies such as Netflix, Amazon and Disney mean that the proposal for this new facility is extremely timely," the spokesperson added.