Sofia Boutella is on board to play the classic monster with Alex Kurtzman directing.
Pic was originally set to bow on Mar. 24, 2017.
The studio tapped Kurtzman and Chris Morgan last summer to help develop a universe for Universal in which its classic monster movie library is front and center. Kurtzman is also on board to direct and will produce alongside Morgan as well as Sean Daniel.
Jon Spaihts is penning the script. Plot details are vague other than it will be set in present day, unlike the previous three installments starring Brendan Fraser.
Cruise isn’t expected to produce, but he will play a major part in development. Characters from the monster universe films are expected to crop up in each other’s installments before culminating in an “Avengers”-style tie-in film.
Universal’s executive VP of production Jon Mone and VP of development Jay Polidoro will oversee the project for the studio.