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It’s been a while since we exclusively broke the story that Matt Damon and Paul Greengrass were returning to the Bourne franchise- a scoop which would later be confirmed by the A-list duo and Universal Pictures. In that time, you may have wondered, “What’s the hold-up?” Well, mega-producer Frank Marshall took a tiny break from popping champagne bottles over Jurassic World‘s success to let the world know what the latest was.

According to Marshall, who’s resumé also includes films like Back To The Future and Raiders of The Lost Ark, the film is officially in pre-production. Here’s everything the producer had to say about Bourne 5 in an interview with Collider:

“Well, it’s very exciting obviously. Working with Paul again and Matt [Damon] and getting the team back together is kind of a dream. We’re in pre-production, the script’s there, we’re going to start casting soon, we’re looking at locations, it’s all going very well.”

One of the reasons for the delay could be that the team wants to learn from prior mistakes. While the last two Bourne films were well-received by fans and critics alike, both had issues in the scripting department with things being written, and rewritten, on-the-spot. Marshall acknowledges that the creative process got quite strained, and says they’re being extra careful about that this time.

“Yes, I would like to avoid that experience. That was actually number two and number three, so that’s why we have spent a long time on the script development and pre-production and that’s all going very well and we’re not gonna have a race to the finish line. It’s going to hopefully be a slow walk this time.”

Should everything go according to plan, the fifth film about Damon’s Jason Bourne will arrive in theaters on July 29, 2016.

SOURCE: Collider