Jensen Ackles is in final phase of negotiations to star in Lionsgate's My Bloody Valentine 3-D, Patrick Lussier's remake of the 1981 slasher film.

According to The Hollywood Reporter, Ackles will play Tom, a handsome, principled man who returns to his home in Harmony, Mo., 10 years after 22 people were murdered on Valentine's night. Back in Montana, Tom finds he still is smitten with his first love, Sarah (Jaime King), and is now a murder suspect. Zane Smith wrote the screenplay.

Production is set to begin May 12, with a theatrical release set for Jan. 23.