updated 04/05/2014 AT 3:00 PM ET
•originally published 04/05/2014 AT 3:50 PM ET
The Goonies sequel is finally happening!
The 1985 cult classic is being revived by the film’s director, Richard Donner, who tells TMZ, “We’re doing a sequel.”
The kids’ adventure film, which was scripted by Chris Columbus (prior to his successes with Home Alone, Mrs. Doubtfire, Harry Potter and the Sorcerer’s Stone, Harry Potter and the Chamber of Secrets and The Help, among others), featured Corey Feldman, Josh Brolin, Sean Astin, Jeff Cohen and Martha Plimpton on a quest to find a pirate treasure.
When asked which original cast members would be coming back for Goonies 2, Donner replied, “Hopefully all of them.”