3 files changed, 52 insertions, 10 deletions
diff --git a/actionview/lib/action_view.rb b/actionview/lib/action_view.rb
index 5ee14bfc78..7f85bf2a5e 100644
--- a/actionview/lib/action_view.rb
+++ b/actionview/lib/action_view.rb
@@ -44,6 +44,7 @@ module ActionView
     autoload :Rendering
     autoload :RoutingUrlFor
     autoload :Template
+    autoload :UnboundTemplate
     autoload :ViewPaths
 
     autoload_under "renderer" do
diff --git a/actionview/lib/action_view/template/resolver.rb b/actionview/lib/action_view/template/resolver.rb
index e291dc268a..1be82f5df5 100644
--- a/actionview/lib/action_view/template/resolver.rb
+++ b/actionview/lib/action_view/template/resolver.rb
@@ -169,6 +169,12 @@ module ActionView
       else
         @pattern = DEFAULT_PATTERN
       end
+      @unbound_templates = Concurrent::Map.new
+      super()
+    end
+
+    def clear_cache
+      @unbound_templates.clear
       super()
     end
 
@@ -189,16 +195,19 @@ module ActionView
       end
 
       def build_template(template, virtual_path, locals)
-        handler, format, variant = extract_handler_and_format_and_variant(template)
-
-        filename = File.expand_path(template)
-        source = Template::Sources::File.new(filename)
-        Template.new(source, filename, handler,
-          virtual_path: virtual_path,
-          format: format,
-          variant: variant,
-          locals: locals
-        )
+        @unbound_templates.compute_if_absent([template, virtual_path]) do
+          handler, format, variant = extract_handler_and_format_and_variant(template)
+          source = Template::Sources::File.new(template)
+
+          UnboundTemplate.new(
+            source,
+            template,
+            handler,
+            virtual_path: virtual_path,
+            format: format,
+            variant: variant,
+          )
+        end.bind_locals(locals)
       end
 
       def reject_files_external_to_app(files)
diff --git a/actionview/lib/action_view/unbound_template.rb b/actionview/lib/action_view/unbound_template.rb
new file mode 100644
index 0000000000..db69b6d016
--- /dev/null
+++ b/actionview/lib/action_view/unbound_template.rb
@@ -0,0 +1,32 @@
+# frozen_string_literal: true
+
+require "concurrent/map"
+
+module ActionView
+  class UnboundTemplate
+    def initialize(source, identifer, handler, options)
+      @source = source
+      @identifer = identifer
+      @handler = handler
+      @options = options
+
+      @templates = Concurrent::Map.new(initial_capacity: 2)
+    end
+
+    def bind_locals(locals)
+      @templates[locals] ||= build_template(locals)
+    end
+
+    private
+
+      def build_template(locals)
+        options = @options.merge(locals: locals)
+        Template.new(
+          @source,
+          @identifer,
+          @handler,
+          options
+        )
+      end
+  end
+end