There has been numerous adaptation of the H.G. Well's story. The most popular one was the 1933 film adaptation by James Whale.
The film will be rooted in horror and will be a different take of the main character's origins that might appease today's audience.
This feature will not be connected to the Dark Universe instead it would be its own thing. Mr. Leigh Whannell will also write the screenplay.
Source material:-variety.com