Gregg Chabot and Kevin Peterka's script Waterproof is getting a rewrite from Christopher Weekes. According to Variety, Kevin Lima is set to direct the fantasy adventure for Legendary Pictures.

The story revolves around a man who accidentally sets an army of mythological creatures loose upon his small town. Weekes was hired after garnering noticed for his script Puppet Man, which looks at the final days of Jim Henson. The film is set to be Lima's next directorial effort, .

The film does not have a set start date at this time.