The 3D film will go on floors later this year and is set to be directed by duo Robert Rodriguez and Frank Miller, reported Contactmusic.
The film will be shot in Austin, Texas at Rodriguez's Troublemaker Studios in October.
The first instalment of the crime thriller, set in the corrupt world of Basin City, starred Benicio Del Toro, Rosario Dawson and Bruce Willis and was released in 2005.
Alba has a number of movie roles coming up including "Escape from Planet Earth" where she voices the part of Lena and "Machete Kills".
Rourke will be starring in forthcoming films "Java Heat" and "Black November".
