The star reunites with Bold Films and Marc Platt Productions from Drive and will direct that film’s co-star Christina Hendricks in the lead role. Sierra/Affinity will introduce to buyers in Toronto.
Marc Platt and Adam Siegel will produce on behalf of Marc Platt Productions along with Gosling through his Phantasma Films label and Michel Litvak and David Lancaster of Bold Films.
Principal photography is scheduled to commence in spring 2013 on the story, a dark fantasy set against the backdrop of a vanishing city where a single mother who discovers a secret road leading to an underwater town.
Gosling wrote the screenplay to his feature directorial debut and will next be seen in the Toronto world premiere of The Place Beyond The Pines.
“I am very appreciative to Marc Platt, Adam Siegel and Bold Films for being so supportive and I look forward to making this film with all of them,” Gosling said.