‘The Cove’ in Development at The CW From ‘Vampire Diaries’ Executive Producers

Chad Fiveash and James Stoteraux will write the “soapy, swashbuckling” drama

The CW is developing a new hour-long drama titled “The Cove,” the network said Monday.

The story is written by “Vampire Diaries” executive producers Chad Fiveash and James Stoteraux. Here’s the official logline:

“This soapy, swashbuckling adventure follows estranged sisters in the aftermath of their father’s death as they return to the Caribbean resort island they frequented as a family, only to discover the sun-drenched paradise is hiding many secrets, including the missing treasure that was their father’s obsession and may ultimately hold the key to eternal life.”

Fiveash and Stoteraux executive produce with Robert Zemeckis and Jack Rapke for Compari Entertainment. The drama is produced by Compari Entertainment in association with Warner Bros. Television. Jackie Levine serves as co-executive producer with Compari Entertainment.

The CW also recently announced that it will be developing a new take on Nancy Drew from Josh Schwartz and Stephanie Savage. That project is set up at CBS Television Studios in association with Schwartz and Savage’s Fake Empire. Noga Landau penned the script and is an executive producer, alongside Schwartz, Savage and Lis Rowinski.

Deadline was first to report the news.