Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs.

Netflix plans $900 million production facility at former New Jersey Army base

In pics: July guide for binge-watch - Stranger Things', 'Vikram' & more!

One of Hollywood's biggest stars, Ryan Reynolds has been a part of some of the most lucrative project while also giving duds at box office like 'Green Lantern' that released in 2011.

This Ryan Reynolds' flopped movie is now doing wonders on Netflix

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Netflix plans $900 million production facility at former New Jersey Army base

In pics: July guide for binge-watch - Stranger Things', 'Vikram' & more!

This Ryan Reynolds' flopped movie is now doing wonders on Netflix