Disney Developing Live-Action Peter Pan Movie

Peter Pan Original Cartoon - H 2016
'Pete's Dragon' helmer David Lowery will direct the adaptation of the beloved Disney animation.

Jon Favreau's live-action The Jungle Book is hitting theaters this weekend, and ahead of its release Disney has announced it is developing another classic animation turned live-action project: Peter Pan.

The boy who never grows up will be getting the feature treatment from director David Lowery, who just tackled Pete's Dragon for the studio. Lowery, who is best known for edgy drama Ain't Them Bodies Saints, will reteam with his Pete's Dragon co-writer Toby Halbrooks for Peter Pan.

Next, he is set to direct Robert Redford in The Old Man and the Gun.

Disney has multiple live-action properties planned and/or in production. Beauty and the Beast is set for a 2017 release, with Harry Potter alum Emma Watson starring as Belle. Emma Stone is set to play the 101 Dalmatians villain in Cruella De Ville. It was also recently reported by The Hollywood Reporter that Snow White's sister will be getting the feature treatment in Red Rose.

Tim Burton's Alice Through the Looking Glass, the sequel to 2010's Alice in Wonderland, is set to hit theaters May 27.

This won't be the first live-action Peter Pan to fly onto screens. Steven Spielberg's beloved psuedo-sequel Hook, which starred the late Robin Williams as a Pan that did grow up, came out in 1991. And recently, Warner Bros. released Pan, a Peter Pan origin story that starred Hugh Jackman and Garrett Hedlund, which grossed a paltry $35 million at the domestic box office.

Lowery is repped by WME.