New Line has set veteran writer Wesley Strick to pen the script for the new Nightmare on Elm Street series, according to The Hollywood Reporter.

The original Nightmare On Elm Street was written and directed by Wes Craven and released in 1984. It created one of the most popular villains in screen history, Freddy Krueger, played by Robert Englund, and its runaway success spawned a slew of sequels.

RELATED: Elijah Wood Wants to Reboot A Nightmare on Elm Street and Children of the Corn

The films' premise centered on Krueger, a serial child killer murdered who returns with a burned face and razor glove to terrorize teens in their dreams.

The new project will keep the high school setting and delve deeper in the psychology of nightmares and Krueger himself. The plan is to have a dark tone.

The company hopes to have the movie ready for the 25th anniversary of the original. But no production date has been set.