via: Hollywood Reporter
International Film Trust is selling the project in Cannes.Akiva Goldsman andRichard Saperstein are among the producers.
The 1984 original told the tale of a nebbish boy who, after falling into a vat of toxic waste, becomes a disfigured radioactive hulking mess who fights bad guys.
The new version sees an average teen join an environmental club to impress his crush. While doing some investigating at a waste plant, he is thrown into a tub of waste and transforms into a radioactive hero.
Details are slim on who Schwarzenegger would play. The likely options are the radioactive hero transformed; the crush’s stepfather, who owns the plant and is ignoring the mutant creatures he is complicit in creating; or the plant’s head of security, the movie’s heavy.
Or one more possibility: Floyd Kaufman. The character is a nod to Lloyd Kaufman, the influential low-budget film producer and founder of Troma, the company behind the original. Floyd Kaufman is an exterminator at the plant.
Schwarzenegger next stars in David Ayer‘s ensemble crime thriller Ten.