Laika and Focus Features will follow the Oscar-nominated ParaNorman with their third stop-motion animated feature, The Boxtrolls.

Based on Alan Snow's fantasy adventure novel Here Be Monsters, the movie is described as a comedic fable about a Victorian town named Cheeseburg, under whose streets is said to live the Boxtrolls, terrible creatures that creep out at night to steal children and cheese. However, in reality, they're actually a subterranean community of cardboard box-wearing oddballs who have raised an orphaned human boy.

Directed by Anthony Stacchi and Graham Anable, The Boxtrolls boasts a cast that includes Ben Kingsley, Toni Collette, Elle Fanning, Isaac Hempstead-Wright, Jared Harris, Simon Pegg, Nick Frost, Richard Ayoade and Tracy Morgan.

The film opens Oct. 17, 2014. Read the official announcement below:

The Boxtrolls is a 3D stop-motion and CG hybrid animated feature based on Alan Snow’s bestselling fantasy adventure novel Here Be Monsters. The Boxtrolls is being directed by Anthony Stacchi (co-director of the hit animated feature Open Season) and Graham Annable (story artist on Coraline and ParaNorman), and produced by David Ichioka and [LAIKA President & CEO Travis] Knight. The voice cast includes Academy Award winner Ben Kingsley, Academy Award nominee Toni Collette, Elle Fanning (marking her fourth movie with Focus), Isaac Hempstead-Wright (Game of Thrones), Emmy Award nominee Jared Harris (Mad Men), Simon Pegg (Star Trek), Nick Frost (of Focus’ upcoming The World’s End), Richard Ayoade (The IT Crowd), and Tracy Morgan (30 Rock).

The Boxtrolls is a comedic fable that unfolds in Cheesebridge, a posh Victorian-era town obsessed with wealth, class, and the stinkiest of fine cheeses. Beneath its charming cobblestone streets dwell the Boxtrolls, foul monsters who crawl out of the sewers at night and steal what the townspeople hold most dear: their children and their cheeses. At least, that’s the legend residents have always believed. In truth, the Boxtrolls are an underground cavern-dwelling community of quirky and lovable oddballs who wear recycled cardboard boxes the way turtles wear their shells. The Boxtrolls have raised an orphaned human boy, Eggs (voiced by Mr. Hempstead-Wright), since infancy as one of their dumpster-diving and mechanical junk-collecting own. When the Boxtrolls are targeted by villainous pest exterminator Archibald Snatcher (Mr. Kingsley), who is bent on eradicating them as his ticket to Cheesebridge society, the kindhearted band of tinkerers must turn to their adopted charge and adventurous rich girl Winnie (Ms. Fanning) to bridge two worlds amidst the winds of change – and cheese.