Guillermo Del Toro
"This project will give the Hellboy filmmaker the opportunity to create two worlds. The first is an alternate version of Earth in the near future, decades after a historic date in November 2012 when the first kaiju, a towering Godzilla-like beast, emerged from a hole in the Pacific Ocean and attacked the city of Osaka, Japan. The second is “The Anteverse,” another universe on the other side of that gaping portal, 5 miles below our ocean’s surface. Since the first attack, the rim has been “spitting out” a variety of gigantic monsters at an increasing rate, which then stride out of the ocean and begin destroying sea-bordering cities, like Tokyo and Los Angeles. In order to combat these monstrous, otherworldly menaces, the military developed the “Jaeger” program, which trains teams of two pilots to jointly operate massive, building-sized mechanized suits of armor and high-tech weaponry."
It ain't "At The Mountains Of Madness" but it's Del Toro making a full-on giant monster action picture. I'm down..