Francis Ford Coppola will produce and direct Tetro, an Argentine family saga starring Matt Dillon, according to Variety.
Coppola, who also wrote the screenplay, plans to begin filming in Buenos Aires late this year through his American Zoetrope shingle.
The story revolves around an artistic immigrant family marred by fierce rivalries, handed down through several generations.
Coppola said that one third of the residents of Buenos Aires are descendants of Italian immigrants and that the story is reminiscent of his own life and roots in New York City.
Coppola recently wrapped on Youth Without Youth, his first directorial work in a decade, with Tim Roth, Alexandra Maria Lara and Bruno Ganz starring in an adaptation of a novel by the Romanian philosopher Mircea Eliade. The story of an elderly man hit by lightning and suddenly returning to his youth begins in 1938 and continues through WWII, roaming from Bucharest to Switzerland to India to Malta.