Del Toro tells Deadline, the project is "a very set-oriented, classical but at the same time modern take on the ghost story. It will allow me to play with the conventions of the genre I know and love, and at the same time subvert the old rules.”
The hopes are for Del Toro to begin shooting in early 2014.
In the same article, there appears to be hope that Del Toro can find new life for At the Mountains of Madness at Legendary as well.
(Photo credit: Starbux / WENN.com)