According to Variety, Disney animation has optioned bestselling children's book "Peter and the Starcatchers," by Dave Barry and Ridley Pearson. The story will be developed as a 3-D CGI feature.

In the loose prequel to Peter Pan, modern 8-year-old Peter leads a group of orphaned boys on the ship Never Land. Peter and shipmate Molly lead an effort to recover a trunk of magical starstuff, before it can fall into the hands of the pirate Black Stache.

RELATED: Disney's The Little Mermaid Remake Will Include Four New Alan Menken Songs

The book was published by Disney Editions in August.