India, May 14 -- More than a decade after the last installment, Grown Ups 3 is officially happening.

Netflix confirmed during its Upfront presentation on Wednesday that a third movie in the hit comedy franchise is now in development, bringing back several stars from Adam Sandler's longtime comedy circle.

According to Deadline, Adam Sandler is set to return alongside longtime co-stars Kevin James, Chris Rock, David Spade and Rob Schneider.

The original Grown Ups films followed a group of childhood friends reuniting years later with their families during summer getaways and hometown visits. The first movie released in 2010, while Grown Ups 2 followed in 2013.

Sandler, who played Lenny Feder in the first two movies, is also co-writing th...