I'd heard about Rodriguez developing this a few years ago, with a story which sounded a lot like an Aliens type set up set in the future with Marines fighting the Predator's on their home soil.
Robert Rodriguez is reportedly developing a third instalment in the Predator franchise.
According to Bloody Disgusting, the Sin City director has begun producing the project for Twentieth Century Fox.
Plot details have not been released but it is thought that the movie could introduce more than one predator.
No writer or director have been hired yet and it is not known whether Rodriguez will produce the film himself.
The original Predator, starring Arnold Schwarzenegger, was released in 1987. It followed an elite team of commandos who are hunted by an extraterrestrial life form as they try to rescue a group of hostages.
The movie spawned a sequel in 1990 and a series of spinoff films, including last year's Alien Vs. Predator: Requiem.
Rodriguez's previous credits include Spy Kids, From Dusk Till Dawn and Grindhouse.
Source Digital Spy