Unreal Error "This project could not be compiled. Would you like to open it in Visual Studio?"

I just created a new C++ project and get the same error at line 261 that Snowl0l gets. I have Visual Studio 2015 Update 3 RC. Do you suppose that that has something to do with it. I just tried creating the project in v4.12.3 as well as v4.11.2 and get the same results when the project creation wizard runs. I can create a Blueprint project just fine.