Allen shot his last film, 'Magic in the Moonlight', on the French Riviera. His previous 'Blue Jasmine' was shot in New York and San Francisco, reported Variety online.
Last month Emma Stone and Joaquin Phoenix had been set to star with Allen, who is expected to write, produce and direct the film.
No distributor is yet on board.
Casting on the untitled film is beginning next week with the movie is described as a contemporary story with academics, graduate students and middle and working-class characters.
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