Marvel and Disney have released an official set photo from the Shane Black-directed sequel. Click for hi-res version Following in the footsteps of the record-breaking Marvel Studios’ release ‘Marvel’s Avengers Assemble,’ production on the highly anticipated film ‘Iron Man 3,’ directed by Shane Black, has commenced production in Wilmington, North Carolina. The production schedule will also include locations in Raleigh/Durham, North Carolina, Miami, Florida and China. Based on the ever-popular Marvel comic book series, first published in 1963, “Iron Man 3” returns Robert Downey Jr. (‘Iron Man,’ ‘Marvel’s Avengers Assemble’) as the iconic Super Hero character Tony Stark/Iron Man along with Gwyneth Paltrow (‘Iron Man,’ ‘Iron Man 2’) as Pepper Potts, Don Cheadle (‘Iron Man 2’) as James “Rhodey” Rhodes and Jon Favreau (‘Iron Man,’ ‘Iron Man 2’) as Happy Hogan. Set for release in the U.S. on May 3, 2013, Marvel’s ‘Iron Man 3’ marks the second feature to be fully owned, marketed and distributed by Disney, which acquired Marvel in 2009. ‘Iron Man 3’ continues the epic, big-screen adventures of the world’s favourite billionaire inventor/Super Hero, Tony Stark aka “Iron Man.” Marvel Studios’ President Kevin Feige is producing the film. Executive producers on the project include Jon Favreau, Louis D’Esposito, Alan Fine, Stan Lee, Charles Newirth, Victoria Alonso, Stephen Broussard and Dan Mintz.