Grazer and Bobby Cohen will produce the film for Imagine alongside The Players Tribune and Irving will executive produce the project alongside Sanjay Sharma.
“Having had my own interesting experiences at the Skirvin Hotel, I connected with this idea immediately,” said Irving.
The film is reportedly being developed as a genre-blending mix of satire, scares, comedy and social commentary.
First opened in 1911, the hotel has a reputation of being haunted, with many players refusing to stay at the hotel because of it.