The long-threatened post-apocalyptic reboot of "Zorro" is inching closer to reality.

According to The Hollywood Reporter, Lantica Media and Sobini Films have struck a deal that will rescue the project from development hell. Financed by Lantica, the film is set to begin production in March at Pinewood Dominican Republic Studios.

Previously set up at Fox, "Zorro Reborn" has passed through a number of hands over the years, with the website naming Bryan Singer, Gary Whitta and Justin Marks among the names involved at one point or another. Gael Garcia Bernal was cast in the title role in 2012, but it seems unlikely that's still the case.

The reboot transplants the swashbuckling pulp hero from California under Spanish rule to a near-future setting. No director is attached.

“This has been a fifteen-year journey filled with ups and downs," Sobini CEO Mark Amin said in a statement, "but it has remained my passion project over the years,”