The project marks Hamilton creator Miranda's film directorial debut.
Steven Levenson -- whose credits include Dear Evan Hansen and Fosse/Verdon -- penned the screenplay based on the late Jonathan Larson's stage drama.
"Set in 1990, tick, tick...BOOM! tells the story of Jon, an aspiring theater composer who is waiting tables in New York City while writing Superbia -- which he hopes will be the next great American musical and finally give him his big break," a synopsis said. "Jon is also feeling pressure from his girlfriend Susan, who is tired of continuing to put her life on hold for Jon's career aspirations. Meanwhile, his best friend and roommate Michael, has given up on his creative aspirations for a high paying advertising job on Madison Avenue and is about to move out."