Jordan will also produce via his production banner Outlier Society alongside Elizabeth Raposo.
The film will be released exclusively in theaters.
With that in mind, Russell could be creating her own version of the iconic Bond girl.
Taylor RussellCourtesy
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This will mark the thirdThomas Crown Affairpic.
The original 1968 movie paired Steve McQueen and Dunaway and was directed by Norman Jewison.
Plot details on the new pic are being kept under wraps.
Russell already has strong ties with the studio after starring in the thrillerBones and Allopposite Timothee Chalamet.
Jordan and Outlier Society are repped by M88, WME and Greg Slewett.
As previously reported, Drew Pearce wrote the script for the new pic.
A previous draft was written by Wes Tooke and Justin Britt-Gibson and was based on the original film.
Patrick McCormick and Marc Toberoff will also serve as producers.
Alan Trustman, writer of the original 1968 film, is an executive producer.