'Yucatan' is described as an 'epic adventure heist' film. It is based on a 1700-page treatment written by the iconic in the late 160s, reported Deadline.
McQueen's detailed template for the movie was found in two leather-bound trunks after his death. His vision involved a renegade salvage expert's search for Mayan treasure in the Yucatan Peninsula in Southern Mexico.
"To imbue a McQueen project with a sense of how he might have made it nowadays is a challenge and a thrill. Rossio is more than a great writer, he's the perfect fit to embrace the existential nature of the project with the action, story and characters that drive 'Yucatan'," Downey, 49, said in a statement.
Downey Jr's wife Susan Downey is producing with him and David Gambino, along with Dan Lin from Lin Pictures.
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