That '70s Show star Topher Grace is returning to network TV to lead an all-new sitcom series for ABC. The network has put in a series order for Home Economics, a single-camera comedy following three wildly-different siblings. Along with playing the middle sibling, Grace will also serve as an executive producer. While we've seen Grace in limited appearances on various shows, this will be his first regular role on a broadcast series since leaving That '70s Show in 2005.

Home Economics was created by Michael Colton and John Aboud. Inspired by Colton's life, the show delves into the relationships between three siblings - one a member of the 1 percent, one a part of the middle class, and one struggling to make ends meet. Caitlin McGee (Bluff City Law) plays the eldest and richest sibling, a therapist for at-risk children who's married to a teacher (Sasheer Zamata, Saturday Night Live) and whose financial status is often precarious. Jimmy Tatro (American Vandal) also stars as the youngest sibling.

Additionally, the cast of the series will feature Karla Souza (How to Get Away with Murder) in a recurring role along with Shiloh Bearman, Jordyn Curet, Chloe Jo Rountree, and JeCobi Swain as the children of the lead characters.

"I never thought about doing another show until I read Michael Colton and John Aboud's amazing script," said Grace. "Both the characters they created and the amazing ensemble they brought together to play them are a family I just had to be a part of."

For years, fans of That '70s Show had been hoping for the classic sitcom to get some kind of reunion special bringing back Topher Grace and the rest of the original cast for a special episode or TV movie. Fan interest seemed to increase when other classic shows like Full House and Saved by the Bell were given new reboots. Some of the actors have hinted that they were open to the idea, including comments from Wilmer Valderrama last year that the cast has had conversations about the idea. "We're up for it," Valderrama said at the time, although nothing was officially in the works.

Given the criminal charges against Danny Masterson, the potentiality for a reunion of That '70s Show seems to have greatly fizzled out. In June, Masterson was arrested and charged in connection with three rape allegations. If he is convicted of the charges, the actor faces up to 45 years in prison. As Masterson was such a prominent presence in That '70s Show, it's not likely that a reunion special will be happening anytime soon, making it all for the best for Grace to look elsewhere if he was willing to return to the sitcom world.

Home Economics is a co-production of Lionsgate TV and ABC Signature. Along with Grace, the series is executive produced by Colton and Aboud and The Tannenbaum Company's Eric and Kim Tannenbaum. Jason Wang of The Tannenbaum Company will also co-executive produce. It's not yet clear when the upcoming series will premiere or when filming will begin. This news comes to us from The Hollywood Reporter.