Filmmaker adds yet another project onto his full slate.

Reel FX is teaming up with Guillermo del Toro (‘Pacific Rim,’ ‘Pan’s Labyrinth,’ ‘Hellboy’) to produce Jorge R. Gutierrez’ groundbreaking, CG-animated feature — working title, ‘Day of the Dead.’

Written by Gutierrez (‘El Tigre: The Adventures of Manny Rivera’) and Doug Langdale, the film is a ‘Romeo and Juliet’ style love story set against a Mexican ‘Day of the Dead’ backdrop. Music is also integral to the story, with the film set to feature an international roster of A-list recording artists performing new songs as well as re-imagined iconic songs.

The project represents the first time in almost twenty years — since 1993’s ‘Cronos’ — that del Toro has collaborated on a feature project set in Mexico.

‘Day of the Dead’ is scheduled to be released in 2014.