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Roger Donaldson (Thirteen Days) is directing the project from a script by Robert Tannen. It centres on a man who joins an underground organisation to seek revenge on the men who brutally attacked his wife.
Tobey Maguire will serve as a producer through his Maguire Entertainment firm, while Jim Stern is producing for financier Endgame.
"In the best of the Hitchcockian tradition, we've got a character who's offered the chance for vengeance and he finds himself in over his head," said Stern.
Cage recently signed up to star in 3D action film Drive Angry and is in talks to play the villain in The Green Hornet.
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