WB and Heyday go out on a limb for 'Treehouse'


Kent Alterman, director of the Will Ferrell basketball comedy "Semi-Pro," is attached to direct and develop "Treehouse Gang," the grown-up adventure tale from Warner Bros. and Heyday Films.

The project is based on Timothy Dowling's spec, which revolves around a group of six childhood friends who get together in their late 20s for a treasure hunt that echoes the hunts of their youth, in the process exploring longtime friendships and grudges.

Those familiar with the project have described it as a grown-up version of "The Goonies."

The attachment represents another step in Alterman's career evolution. The CAA-repped helmer is a former New Line exec who oversaw and served as exec producer on a slew of the studio's hits, including "Elf" and "A History of Violence." He made his directorial debut with 2008's "Semi-Pro" after forming a relationship with Ferrell on the set of "Elf."

Alterman also counts the TV hit "Strangers With Candy" among his credits.

Heyday's David Heyman is producing "Treehouse," and Sarah Schechter and Jesse Ehrman are overseeing for Warners. Heyday's Tiffany Daniel brought the project to the studio. (partialdiff)