Don't get your hopes up, this Gargoyles film is not an adaptation of the awesome animated series. Disney is developing a previously announced original Gargoyles film, and for some reason they've hired G.I. Joe Rise of Cobra screenwriters David Elliot and Paul Lovett to rewrite the script previously written by Zoe Green. The script for G.I. Joe was crap, so whatever excitement I had in this film project has now died.
The film is being produced by Lauren Shuler Donner of the X-Men franchise, and the story "centers on a world in which the stony statues on buildings come to life. Elliot and Lovett would portray them as guardian angels for the cities in which they reside."
It's basically the same concept of the animated series, but I'd much rather see an adaptation of the classic series than this! Why in the hell hasn't Disney done that yet? Because it would be awesome!