Disney will once again say the word “Supercalifragilisticexpialidocious” with a new Marry Poppins movie.

More than 50 years after Mary Poppins flew in on an umbrella into the hearts of moviegoers, Disney is developing a new live action Mary Poppins movie, Entertainment Weekly has confirmed.

The new story will be set in Depression-era London around 20 years after the tale of the classic 1964 movie.  It will also take its cues from the book series that P.L. Travers wrote. (The original, published in 1934 is based largely on the first book. The last book in the series was released in 1988.)

So rest easy, nay-sayers: the new Mary Poppins is not a reboot and it’s not being developed as a sequel.

Rob Marshall, who directed “Into the Woods” and “Pirates of the Caribbean: On Stranger Tides” for the studio, will helm the new feature, which will also be a musical.

The only question we have is: who could possibly take Julie Andrews’ place in the nursery?