McGregor is directing the project for Lakeshore Entertainment. The drama is based on the Pulitzer Prize-winning novel written by Philip Roth.
Adapted by John Romano, the movie is to begin filming this month in Pittsburgh, Pa. It follows Seymour "Swede" Levov, "a legendary, high-school athlete, who grows up to marry a former beauty queen and inherits his father's business," a news release said.
"Swede's seemingly perfect life shatters when his daughter rebels by becoming a revolutionary and committing a deadly act of political terrorism during the Vietnam War."
The picture is being produced by Tom Rosenberg and Gary Lucchesi.