SYDNEY — Aussie helmer Alex Proyas (”I, Robot”, ”Knowing”) will bring his new film ”Paradise Lost”, based on the John Milton poem, to film in and around Sydney it was announced on Wednesday.

Pic, produced by Proyas, Legendary Pictures and Vincent Newman, will topline Bradley Cooper and be distribbed by Warner Bros. It is slated for a late 2013 release.

”I’m delighted to have found such overwhelming support here in NSW for such a unique film offering unparalleled exposure for NSW cast and crew to the cutting edge technology that will be used in the making of Paradise Lost,” said Proyas.

The NSW Government reckoned the film repped an estimated $A88 million

($94 million) in production expenditure and an estimated 1300 jobs to NSW, including over $21 million expenditure and 200 jobs in visual effects.

The vfx component is a key part of the deal since ”Paradise” is expected to be very fx heavy using the motion capture technology pioneered in James Cameron’s ”Avatar.” The recent Aussie federal budget recently doubled the coin available for post-production Down Under with the post, digital and visual effects offset upped from 15% to 30%.

California-based Digital Domain will establish a base in Sydney to take on the post-prod work.

”The production of ‘Paradise Lost’ and Digital Domain’s local presence will expose NSW visual effects and film professionals to unique and cutting edge film technologies and methods as well as to work on U.S.

studio-financed film projects,” said NSW acting Premier Andrew Stoner, announcing the deal at Sydney’s Fox Studios.

Proyas previously lensed the Nicolas Cage-starrer ”Knowing” in Victoria, where he fought for the film to attract the 40% Producer Offset instead of the less attractive 15% Location Offset.

Film org Ausfilm could not confirm which coin ”Paradise Lost” would receive and how much state government coin would go into the project was also unknown.