The script of the movie has been written by David Koepp while Legendary is adapting it for the big screen, according to the Hollywood Reporter.
The film is being directed by Julius Onah.
The story takes place in a world where a rare set of people are born with extraordinary abilities and are called "brilliants".
Smith would play the role of a federal agent with great hunting gifts who is drafted to hunt down a terrorist, another such brilliant planning to start a civil war.