The studio will be teaming up with director Rob Marshall as well as producers John DeLuca and Marc Platt, all who worked on "Into the Woods".
The story will take place 20 years after the original film, and will be comprised of storylines from the books of P.L. Travers, who of course, created the character of Mary Poppins.
The original film starred Julie Andrews and Dick Van Dyke and was released in 1964.
