Patrick Swayze and Jennifer Grey - Dirty Dancing

Ready to have the time of your life again?

Kenny Ortega, who choreographed Dirty Dancing, has signed on to direct a remake of the 1987 classic, according to The Hollywood Reporter.

"The opportunity to direct Dirty Dancing is like returning home for me," Ortega said. "Growing up in the '60s on the dance floor helped define me as a person and as an artist. I am looking forward to assembling a great creative team and an exciting cast to bring Dirty Dancing to the screen for a new generation. Patrick Swayze set the bar for men dancing in the movies as Gene Kelly and Fred Astaire did before him. I believe everywhere you look there is evidence that the talent is out there and I can't wait to begin the process of discovering the next breakout triple-threats."

Watch the Dirty Dancing trailer

No word yet on who will fill Patrick Swayze's and Jennifer Grey's dancing shoes as Johnny Castle and Frances "Baby" Houseman, respectively. The original, which cost $6 million to make, grossed $214 million worldwide. A 2004 re-imagining, Dirty Dancing: Havana Nights, starring Diego Luna and Romola Garai, flopped.

Ortega, best known for helming High School Musical 3: Senior Year and Michael Jackson's This Is It, is producing the project with Debra Martin Chase (The Princess Diaries). Eleanor Bergstein, who wrote and co-produced the original, is in talks to join as a producer.

What do you think about the remake? Who would you cast?