Update: Earlier today we mentioned the confirmed Sydney filming location for the Green Lantern movie adaptation. THR have divulged a little more information, revealing that the project will have an estimated $150m budget.

We’d previously commented on the Australian filming location and scouting reports in and around Sydney and New South Wales, but today The Australian confirms the specific Sydney locale. Shooting is expected to begin in November and is expected to take six to nine months, this start date is slightly later than the previously reported mid-September. Pre-production shall begin in July.

THE big-budget movie adaptation of comic superhero Green Lantern will be filmed in Sydney, with production to begin later this year.

The movie, produced by DC Comics and Warner Brothers, will be directed by Martin Campbell, the man behind the 2006 James Bond film Casino Royale.

It is expected to create around 500 jobs in NSW with pre-production to start in July and filming to begin in November at Sydney’s Fox Studios.

The filming is expected to take six to nine months.

“Bringing Green Lantern to NSW is a major coup,” Premier Nathan Rees said when making the announcement at Fox Studios today.

“Films such as this invest heavily in the local economy and the flow-on effects for local services such as transport, construction and the hotel industry.”