Priest writer Cory Goodman will pen the script, with Lakeshore's Tom Rosenberg and Gary Lucchesi as producers.
The original Underworld debuted in 2003, and starred Kate Beckinsale as the vampire Selene. The actress returned to star in sequels Underworld: Evolution (2006) and Underworld: Awakening (2011), and had a brief appearance in prequel Underworld: Rise of the Lycans (2009).
The film series revolves around the conflict between vampires and lycans, a race of enhanced and immortal werewolves. Underworld: Awakening saw Selene give birth to Eve (India Eisley), her daughter with vampire-lycan hybrid Michael Corvin (Scott Speedman), and it is possible the reboot would focus on the character.