Animation guru Hayao Miyazaki and his Studio Ghibli has set up its latest animated effort, although Miyazaki won't be directing. According to Variety, Studio Ghibli is set to adapt the 1952 Mary Norton classic The Borrowers.

The Ghibli film will be titled Arrietty Borrows Everything and will be directed by Ghibli animator Hiromasa Yonebayashi. Hayao Miyazaki will oversee Yonebayashi's direction as well.

The story revolves around a family of "little people" who live off borrowing from normal-sized people. It was said the studio was eyeing a summer 2010 release for the film.