Hansel_gretel_boffo Michael Bay’s The Institute is teaming up with Kalliope Films on a 3D film based on the classic Grimm Brothers fairytale “Hansel and Gretel.”

Scott Gardenhour and Kira Madallo Sesay will produce the live-action pic.

Institute_boffo Founded by Michael Bay and Gardenhour, The Institute is the commercial production house behind “Jumper” and “Pearl Harbor.”

Madallo Sesay, meanwhile, is the founder of Kalliope Films.

“Hansel and Gretel” is scheduled to begin lensing in spring 2011 in Germany. Joseph C. Pepe, the lead character designer on “Avatar” will design the mythological characters.

Bay is currently shooting the third installment of “Transformers.”

Follow Stuart Oldham on Twitter. TwitterT_boffo