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The original 1982 movie, which was directed by Wes Craven and starred Louis Jordan, focused on a scientist who's transformed into a monster after one of his experiments goes wrong. It was followed by 1989 sequel The Return Of The Swamp Thing, which featured Heather Locklear.
Silver has expressed an interest in reviving the franchise, while utilising 3-D technology.
He told Collider: "I'm developing a picture now that I'd like to do… I'll hopefully do Swamp Thing, which is a movie we've had for a long time."
He added: "We think that would be great to do in 3-D. There are a couple of projects I'm thinking about [for the format] but not everything."
It was reported recently that Silver will produce a new He-Man And The Masters Of The Universe movie, tentatively titled Grayskull.
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