Lee, who died at the age of 32 in 1973, left behind some handwritten notes that were later discovered by his 47-year-old daughter, Shannon Lee who thought of weaving it into reality, reported FemaleFirst.
The show will be set in San Francisco's Chinatown where Lee was born. It will revolve around the story of a young martial arts prodigy.
The cast has yet to be decided but the show will be developed by Justin Lin and Jonathan Tropper.
Shannon will serve as a producer to the project under Bruce Lee Entertainment.
He once developed a script for a movie, "The Silent Flute", which was made into Richard Moore's film "Circle of Iron" five years after Lee's death.
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