Los Angeles, Feb. 24 -- In a project steeped in nostalgia and cinematic reverence, Lily Collins is set to step into the shoes of the inimitable Audrey Hepburn in a forthcoming feature centred on the making of the 1961 classic "Breakfast at Tiffany's".

The project is being developed by Collins' production company, Case Study Films, in partnership with Imagine Entertainment and producer Scott LaStaiti.

With Dickinson's Alena Smith aboard to adapt, the film is based on Sam Wasson's bestselling book Fifth Avenue, 5 A.M.: Audrey Hepburn, Breakfast at Tiffany's and the Dawn of the Modern Woman, the first ever complete account of the making of the film.

With a cast of characters including Truman Capote, Edith Head, director Blake Edwards, and, ...