“As a die-hard fan of the original ‘Princess Diaries,’ I’m beyond excited to be a part of bringing the third iteration of this beloved franchise to life,” Lim said in a statement to The Hollywood Reporter. “We look forward to celebrating its core tenants of female power, joy, and mentorship with audiences worldwide.”

Twenty years since "The Princess Diaries 2: Royal Engagement" hit theaters, fans are still dying see more of Queen Mia. Now, it appears as if they will! On Oct. 4, Hathaway confirmed that the third installment is in the works.

You might be thinking, “Shut up!” but it’s officially true: the “Princess Diaries” franchise is finally growing.