Shooting is slated for spring 2009 in Rome with a January 2010 release via Medusa.
The announcement came from Procacci's Fandango production company, which specified that the story would pick up on the lives of Last Kiss protagonists Giula and Carlo offering a glimpse of theirs and their friend's lives ten years on.
The Last Kiss starred Giovanna Mezzogiorno and Stefano Accorsi in those roles, but no casting information has been provided for the follow-up.
In 2001, The Last Kiss grossed over $10m here, won five David of Donatello film awards including Best Director, and was remade Stateside by Lakeshore Entertainment and released by DreamWorks in 2006.
Bacami Ancora will be a writer-director project for Muccino who developed the story with the talented screenwriting duo Sandro Petraglia and Stefano Rulli (Crime Novel, Best of Youth).
However,turning his pen to stories about his Roman peers is material that Muccino has handled well on more than one occasion. His earlier films including But Forever in my Mind (Come Te Nessuno Mai), That's It (Ecco Fatto) and Remember Me (Ricordati di Me) were all portraits of contemporary Romans.
Muccino's first US studio film was The Pursuit of Happyness starring Will Smith for Sony. After topping the US box office for four weeks, the film grossed $19.3m (Euros 15.5m) at the Italian box office and was the 7th highest grosser for 2007.\