The government of New South Wales, where Sydney is located, announced Wednesday that the movie will be directed by Australian Alex Proyas, who also directed "I, Robot" starring Will Smith and "Knowing" with Nicholas Cage.
Paradise Lost, an epic poem in blank verse by the 17th century English poet John Milton, will be shot predominantly at Sydney's Fox Studios, and is targeted for release in 2013, said New South Wales Acting Premier Andrew Stoner.
He said the production was lured to Sydney with financial incentives from the state government, beating competition from rival locations in the United States and Canada.
"Had we not done this it would have been opportunity lost, not 'Paradise Lost,"' he said.
"Paradise Lost" tells the story of Satan tempting Adam and Eve, and their expulsion from the Garden of Eden. The character of Satan is the focus of the plot.
