According to Geeks Of Doom, Gaiman made the announcement during an appearance on The Today Show.
The novel revolves around Nobody Owens, a boy who lives in a graveyard and has been raised by ghosts. Gaiman was recently awarded the 2009 Newbery Medal for the book, recognising its contribution to children's literature.
The author will produce the film with The Dark Knight's Framestore in charge of the special effects.
Gaiman revealed that he hopes for an all-British cast of well-known stars, similar to the Harry Potter franchise. However, he said that the main role of Nobody will be played by several unknown actors of different ages.
Jordan's previous directing credits include The Brave One, Interview With The Vampire and The Crying Game, for which he won a best screenplay Oscar.