Goyer will also serve as producer, with DC heads Geoff Johns and Jon Berg exec producing the movie, reported Ace Showbiz.
Unlike the previous adaptation starring Ryan Reynolds which focused more on Hal Jordan, the upcoming movie is expected to focus on the Corps itself, the intergalactic police force formed to protect different sectors of the universe.
The story reportedly revolves around the relationship of Hal Jordan and John Stewart.
The studio will start looking for director right away after they obtain the script.
"Green Lantern Corps" is currently scheduled for a July 24, 2020 US release.