The latest project to spawn from the age of iconic action remakes revisits Kathryn Bigelow’s visceral 1991 film starring Keanu Reeves and the late Patrick Swayze.

Alcon principals Andrew Kosove and Broderick Johnson secured rights to the project from RGM Media, John McMurrick and Chris Taylor.

Kosove and Johnson will produce with Michael DeLuca, John Baldecchi, Chris Taylor and Kurt Wimmer, who also wrote the screenplay. RGM Media principal Devesh Chetty and investor John McMurrick, the chairman of Marloss Entertainment, will serve as executive producers.

The producers plan to take the project out to directors soon. The story is set against the backdrop of extreme sports as an FBI agent infiltrates a criminal gang.

Alcon has also secured television and gaming rights to the property.