Clive Barker's 1992 horror hit Candyman is getting the reboot treatment, and Get Out creator Jordan Peele will be producing the film with Nia DaCosta in the director's chair.

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Metro Goldwyn Mayer Pictures made the announcement today, confirming earlier rumors that Jordan Peele would produce a Candyman reboot . The film will serve as a "spiritual sequel" to the original film, also taking place in the Chicago-based Cabrini-Green housing project – or at least what is left of it after gentrification.Jordan Peele, who is producing alongside Win Rosenfeld, made the jump from the sketch comedy of Key & Peele to politically-minded horror with Get Out, and is also going to host the upcoming Twilight Zone revival Director Nia DaCosta had her feature film debut Little Woods play at the Tribeca Film Festival earlier this year."The original was a landmark film for black representation in the horror genre. Alongside Night of the Living Dead, Candyman was a major inspiration for me as a filmmaker -- and to have a bold new talent like Nia at the helm of this project is truly exciting," Peele said in a press release."We are honored to bring the next chapter in the Candyman canon to life and eager to provide new audiences with an entry point to Clive Barker's legend.Candyman is scheduled to hit theaters on June 12, 2020.

Gabe Gurwin is a freelance writer for IGN. Follow him on Twitter.