Based on Gayle Forman's book of the same name that will be published this spring by Penguin Young Readers Group imprint Dutton Children's Books, If I Stay tells of Mia, a classical musician who must choose between her career or her upcoming rock star boyfriend.
Mia is forced to make an even starker choice between life and death when she is involved in a fatal car accident with her family one snowy morning in Oregon.
Summit's production chief Erik Feig will oversee the project with senior vice president of acquisitions and co-productions Michael Schaefer, who brought the project to the studio, and director of development Gillian Bohrer.
'When we were thinking of the perfect director to capture the emotion, grace, and passion of this beautiful book, one film-maker became the clear and only choice: Catherine Hardwicke,' Feig said. 'Summit and Catherine have had enormous success working together on Twilight and we cannot wait to bring If I Stay to vivid life together as well.'
Twilight has grossed close to $380m worldwide. Hardwicke is represented by CAA and attorney Warren Dern at Sloane, Offer, Weber and Dern.