Update: Amy Adams cast as Lois Lane

The Chicago Business reports that Zack Snyder's Superman will begin filming in Chicago this August and shoot for two or three months with production centered in suburban Plano.

According to the Chicago Business, Superman has an estimated budget of $175 million and Warner Bros. is already hiring and making plans using the codename "Autumn Frost," according to local union and film sources.

“We hear they're taking offices in Naperville and shooting in Plano,” says Joe Crededio, owner of the area's largest film stuidio, Chicago Studio City. “There's going to be 10 weeks of prep, 10 weeks of shooting. They're bringing in a lot of people from California.”

Chicago Business notes filming conducted in Chicago will be the outside scenes, with filming of the inside scenes in Vancouver, Britsh Columbia. They note suburban Plano is a semi-rural setting which would fit in with Superman's early years in Smallville - as we know Ma and Pa Kent are alread cast as Diane Lane and Kevin Costner.

Other prominent movies filmed recently in Chicago include Transformers: Dark of the Moon, Batman Begins and The Dark Knight - with Christopher Nolan most likely passing on Chicago for The Dark Knight Rises.

Filming “The Dark Knight Rises” here is “not looking likely,” Richard Moskal, director of the Chicago Film Office, says. “The story line is evolving beyond Gotham City. But from Warner Bros.' perspective, and Chris Nolan himself told me, they were thrilled with how things went here in Chicago.”

Stay tuned to Cosmic Book News as more on Superman develops.

Superman flies into theaters December 2012 directed by Zack Snyder starring, Henry Cavill as the Man of Steel, Diane Lane as Martha "Ma" Kent and Kevin Costern as Jonathan "Pa" Kent.

Be sure to check out the Cosmic Book News Superman Movie Hub for even more news and information.