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Reese Witherspoon arrives at the 87th Academy Awards nominees luncheon at the Beverly Hilton Hotel on Monday, Feb. 2, 2015, in Beverly Hills, Calif. Witherspoon started online shopping website Draper James, which sells Southern-inspired fashions and home goods, including $125 shorts, a $155 tote bag and $175 sunglasses. (Photo by Jordan Strauss/Invision/AP, File) Image Credit: Jordan Strauss/Invision/AP

Actress Reese Witherspoon has been approached to star in Tink, a live-action film based on the Peter Pan character Tinker Bell.

Witherspoon will also produce the film along with Bruna Papandrea through their Pacific Standard banner, reports variety.com.

Victoria Strouse is penning the script. The plot details are unknown yet, but the film is set in the world of the classic novel with Tinker Bell in full focus. The project is still in development, and there is no timeline for it to go into production.

It is yet another project based on a classic Disney animated film that is being given the live-action treatment.

Disney has already seen live-action versions of Alice in Wonderland, Sleeping Beauty story Maleficent and Cinderella become box office hits, and the studio sees this as a formula that works as well for a comic book film.

Witherspoon was last seen in Hot Pursuit and recently joined drama Pale Blue Dot.