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TORONTO: Jake Gyllenhaal, Naomi Watts on Romancer ‘Demolition’

Jake Gyllenhaal and Naomi Watts will star in the romantic drama “Demolition” for “Dallas Buyers club” director Jean-Marc Vallee.

Gyllenhaal’s attachment was first reported in June. Shooting will start Sept. 15 in New York City.

Producers are Black Label Media, Sidney Kimmel Entertainment and Mr. Mudd. Black Label and SKE will co-finance as well as produce. Sierra/Affinity will handle international sales at the Toronto Film Festival.

The story, written as a Black List script by Bryan Sipe, centers on an investment banker struggling to understand his emotional unraveling after the tragic death of his wife, when he meets another woman who changes his life forever.

SEE ALSO: Jake Gyllenhaal on Losing 30 Pounds and Himself in ‘Nightcrawler’

Black Label Media’s Molly Smith and Trent Luckinbill will produce with Sidney Kimmel and Mr. Mudd’s Lianne Halfon and Russell Smith. Executive producers include Thad Luckinbill, Jason Reitman, Helen Estabrook, John Malkovich, Nathan Ross, Ellen Schwartz and SKE’s Carla Hacken.

Gyllenhaal’s “Nightcrawler” is set to premiere at the festival. Watts stars in Noah Baumbach’s upcoming “While We’re Young,” Theodore Melfi’s “St. Vincent” with Bill Murray and Alejandro Gonzalez Inarritu’s upcoming “Birdman” with Michael Keaton.

Vallee’s “Wild,” starring Reese Witherspoon, will also screen at Toronto, a year after “Dallas Buyers Club” premiered at the festival.

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