Director Roberto Orci confirmed (via Trekmovie.com) that he and co-writers Patrick McKay and J.D. Payne finished the first draft:

“p & m & I wrote, ‘fade out’ yesterday on first draft. things are moving.”

“First draft is done.”

This will be Orci directorial debut with the next ‘Star Trek’ film, aka the 13th Star Trek film. 

‘Star Trek 3’ is expected to open in theaters in 2016. In time for the franchise’s 50th birthday.