Collider reports that Maguire has bought the rights to the story by Rick Yancey, known for his work onThe Extraordinary Adventures of Alfred Kropp. The 5th Wave will be a sci-fi trilogy about a teenage girl who survives an alien invasion and must search for her brother.
The Spiderman actor will be starring alongside Carey Mulligan and Leonardo DiCaprio in an upcoming adaptation of The Great Gatsby.
Since his success in the Spiderman films, Tobey Maguire has also produced 25th Hour, Seabiscuit, Country Strong, and Seeking Justice.
His latest film Rock of Ages , which stars Tom Cruise, Catherine Zeta Jones, Alec Baldwin and Russell Brand, recently wrapped.
Rock of Ages is scheduled for release on June 15 in both the US and UK.
Watch the trailer for Rock of Ages below: