Lakeshore Chairman and CEO Tom Rosenberg and Gary Lucchesi will develop and produce.
Story revolves around a brilliant but troubled homeless man from Brooklyn who — with his loyal canine sidekick Mr. Bones — sets out in search of his beloved mentor and high school English teacher.
“Timbuktu” was published in 1999. Auster’s other novels include “The New York Trilogy,” “Moon Palace” and “The Brooklyn Follies.”
English most recently wrote, produced, and directed “The Women” for Warner Bros.
Lakeshore’s next release is the remake of “Fame” with MGM set to open Sept. 25.
English is repped by ICM.