Kutcher dropped out of the DreamWorks/Paramount co-production late last year because of "scheduling conflicts," according to reports.
Kirsten Dunst already has been cast as the ingenue in the ensemble comedy, which is expected to begin filming in the spring.
Should Bloom sign on, his schedule will have to be worked out between shooting "Elizabethtown" and his next project, "Kingdom of Heaven," about the 12th century crusades, which is currently filming in Spain.
Bloom currently is one of Hollywood's most popular actors as he is just off back-to-back =blockbusters, "Pirates of the Caribbean: Curse of the Black Pearl" and "Lord of the Rings: The Return of the King."
Swim Week Miami Beach 2014 [PHOTOS]