According to Deadline, the Hot Fuzz director will not only helm the project, but write it alongside I Am Legend scribe Mark Protosevich.
Wright is also producing the film in conjunction with Paramount Pictures, Big Talk Productions, and JJ Abrams's production banner Bad Robot.
There is no word yet on what the premise of the film will be, though a big-budget project is expected.
Wright is currently in pre-production for his latest collaboration with Simon Pegg and Nick Frost, The World's End.
An Ant-Man film has also been effectively confirmed, with early test footage shot by Wright shown to audiences at Comic-Con in San Diego earlier this month.