Written by Reichardt (“Wendy and Lucy”), story follows three eco-terrorists who plot to blow up a dam.
Eisenberg will play the ringleader, while Fanning will play a wealthy young girl who funds the plan. Sarsgaard will play the mastermind behind the bomb.
Eisenberg replaces Reichardt’s “Meek’s Cutoff” star Paul Dano, who was attached as recently as February. Rooney Mara was also approached to star last year, though she was never officially involved with the project.
Reichardt’s longtime collaborators Neil Kopp and Anish Savjani are producing through the latter’s Film Science banner, while Todd Haynes is expected to exec produce, having served that role on Reichardt’s past three features. Producers are aiming to start production this October in Oregon.
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Eisenberg, who can currently be seen in Woody Allen’s “To Rome With Love” and IFC Films’ “Why Stop Now,” recently wrapped Louis Leterrier’s magician heist pic “Now You See Me.” The Oscar-nominated “Social Network” star is currently filming two roles in Richard Ayoade’s indie comedy “The Double.” He’s repped by CAA and attorney Patti Felker.
Fanning, who will soon be seen in “The Twilight Saga: Breaking Dawn — Part 2,” has three indie pics in the can, including Ol Parker’s “Now Is Good,” Alan and Gabe Polsky’s “The Motel Life” and the Emma Thompson-scripted “Effie.” Thesp is currently filming Naomi Foner’s “Very Good Girls” with Elizabeth Olsen, Demi Moore and Sarsgaard. She’s repped by WME, One Talent Management and attorney Steve Warren.