Director Neil Jordan has set financing and cast for Ondine.
According to Variety, Jordan has tapped newcomer Alicja Bachleda to play the title character, alongside Colin Farrell.
Scripted by Jordan, Ondine tells the story of a fisherman in southwest Ireland who hauls up a live girl in his nets. Ondine is a mythological sea nymph, and theories about the girl's origins blossom as she transforms the lives of the fisherman and local townsfolk. Farrell will play the fisherman.
The film begins shooting mid-July in West Cork, Ireland.