Huston, 32, will play Eric Draven, the part originally portrayed by Brandon Lee in the original film, reported Entertainment Weekly.
In the original film, Eric and his fiancee are brutally murdered by members of a gang the night before their wedding.
On the anniversary of their death, Eric rises from the grave and assumes the role of the Crow, a supernatural avenger.
The remake will be directed by Corin Hardy ('The Hallow') and is set to begin production in 2015.