Miles Chapman will write the screenplay, which will be helped along in the development process by Alfred Gough and Miles Millar.
The series is described as a cross between The Bourne Identity and Disturbia, following the plight of a teenager who awakens one day to find himself tied to a chair after a whole year has passed him by. Once he escapes, he set out to finds those who put him in this terrible situation.
There are four books planned for the series, with two having already been published. Homelanders could potentially kick off a big screen franchise that will help fill the hole left by The Twilight Saga: Breaking Dawn - Part 2 in Summit's release slate.
There is no set start date or cast information at this time.