According to Variety, Constantin Film will finance and co-produce the horror-thriller Water's Edge with Sid Ganis' Out of the Blue shingle, in association with U.K.-based Gruber Films. Jordana Brewster ("The Fast and the Furious," Disney's upcoming "Annapolis") will star.

Shooting will begin on location in Arizona and Los Angeles in September.

The pic follows a local girl (Brewster) hired by a group of young vacationers as their designated houseboat driver on Arizona's Lake Powell. The floating party turns into a nightmare as a brutal murderer begins to kill the revelers one by one.

Water's Edge will mark the feature directorial debut of video and commercials helmer Chris Applebaum, whose credits include musicvids for Hilary Duff, Britney Spears and Kid Rock. Tyro Jonathan Goldman wrote the script.