Production on comedy begins August 2011

Ever since Meryl Streep and David Frankel fashioned more than $300 million in worldwide grosses out of “The Devil Wears Prada,” the thesp and director have been looking to reteam.

Enter “Great Hope Springs.”

As first reported Tuesday on Variety.com, Streep — who’s been circling “Springs” but didn’t want to commit to the laffer without a director — is in final negotiations to star now that Frankel is in place.

Vanessa Taylor penned the script about a middle-aged couple who, after 30 years of marriage, attend an intense counseling weekend to examine the intimacy issues threatening their marriage.

Guymon Casady and Todd Black will produce through Casady’s Film 360, a film entity of Management 360 and Black’s Escape Artists banner. Nathan Kahane of Mandate and Jason Blumenthal and Steve Tisch of Escape Artists will exec produce.

Production is set to begin in August. No release date has been set.

Included on the Black List of the top unproduced scripts in Hollywood, Film 360 brought Black Escape Artists on the project early and eventually approached Mandate for financing.

Mike Nichols (“Charlie Wilson’s War”) had considered directing but after a table read decided to move on, opening the door for Frankel.

“The Devil Wears Prada” grossed $302.4 million at the worldwide box office, and Streep and Frankel were said to be seeking a reunion since. Still to be filled are the roles of Streep’s husband and the quirky psychiatrist who acts as their marriage counselor.

Frankel recently wrapped production on “The Big Year,” which Fox 2000 will release sometime this year.

Streep can be seen next in “The Iron Lady,” which is inspired by the events of Margaret Thatcher’s life.

Streep is repped by CAA and Gendler & Kelly. Frankel is repped by WME, Anonymous Content and Jacobson, Russell, Saltz & Fingerman.

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