Josh Gad has been lined up to take the lead in the ‘Honey I Shrunk the Kids’ legacy sequel, ‘Shrunk’ for Disney Studios.

The film is said to be set three decades after the original films in which Rick Moranis played scientist and inventor Wayne Szalinski, the man responsible for the child-shrinking machine.

Gad will play the grown-up son of Moranis’s Szalinski, Adam who then follows in his father footsteps and shrinks his own kids. The new project will reportedly be set in the same universe as the original movies albeit three decades later.

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The original movie kicked off the franchise in 1989 with Joe Johnston making his directorial debut.  It told the story of an inventor who accidentally shrinks his and his next door neighbour’s kids to a quarter of an inch with his electromagnetic shrinking machine and accidentally throws them out with the trash, where they must venture into their backyard to return home while fending off insects and other obstacles.

The film was an unexpected success on its release and became the highest-grossing live-action Disney film ever, a record it held for five years. It went on to spawn two sequels and a TV Show.

Though originally said to be in development for Disney+, the project is now reportedly aiming for a theatrical release and is currently on the lookout for a filmmaker to direct.

Gad is currently voicing the character of Bailey in ‘A Dog’s Journey’, his upcoming projects include ‘The Angry Birds Movie 2’ and ‘Artemis Fowl’.