News is coming down the wire that the long-gestating production of Green Lantern, the DC Comics property that is next up for Warner Bros., is finally setting up shop down under. The Martin Campbell (Casino Royale) directed film will be made at Fox Studios Australia in Sydney and will begin pre-production in July and begin filming in November.

According to a report from THR, the production has been given a budget of $150 million dollars and will likely be eligible for the Australian government’s 15% location rebate on top of the incentives supplied by the New South Wales government incentives. The production is also said to have been lured by the recent decline in the value of the Australian dollar.

Well, good for them. Now that they have a location, fans can anxiously anticipate the pre-production process which will include the casting of the big screen Green Lantern. Last we heard, Star Trek’s Chris Pine was in the running.

Who would you like to see play The Green Lantern?