Star will direct, write and appear in unspecified project

After 10-year hiatus from making movies, Warren Beatty may be ready to return to the big screen.

Beatty has set up his next project at Paramount, with plans to write, direct, produce and star.

Pic is currently untitled. The plan is to start shooting later this year.

Paramount would not release plot details on the project, but casting is under way.

Beatty’s last acting gig was in 2001′s “Town and Country.” He hasn’t written and directed a feature since the political satire “Bulworth” in 1998.

Beatty recently won a ruling in the long-running dispute over Dick Tracy rights with Tribune Media Services, which had granted him film and TV rights to the comicbook crime fighter. He appeared at the L.A. Times’ Hero Complex Film Fest on June 10, saying he would like to do a sequel to his 1990 Dick Tracy pic, if he can “get it right.”

Sources close to Beatty said the Paramount project could be the Howard Hughes biopic Beatty has long wanted to do.

Beatty had been shopping the script for the past few weeks. Some insiders are skeptical of a pic coming together anytime soon, given Beatty’s long gestation period on projects, but the Paramount deal puts the pieces into place for the multihyphenate to get back to work.

He is repped by CAA.

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