Michael Bay to direct Handel and Gretel in 3D

Michael Bay's production company The Institute is developing a 3D movie based on the fairy tale Hansel and Gretel.

According to Coming Soon, the project will be an action-adventure picture packed with high-concept visual effects.

Joseph C. Pepe, the lead character designer for James Cameron's Avatar, is developing creatures for the movie.

The venture will begin production in spring 2011 in Germany.