Variety reports that Jeffrey Hatcher and David Esbjornson are working on a Broadway stage production of John Kennedy Toole's famous novel A Confederacy of Dunces.
Hatcher wrote the book for the 2003 musical Never Gonna Dance and the stage adaptation of Tuesdays with Morrie. According to Variety, there's no timeline set but the producers anticipate readings this spring.
This won't be Ignatius J. Reilly's stage debut, however — John “Spud” McConnell has filled those shoes several times for local productions. There have been several failed attempts to bring the character to the big screen, including John Belushi in a film directed by Harold Ramis. More recently, Zach Galifiankis was rumored to star in an adaptation (though I think John C. Reilly or native Sean Patton would make an excellent Ignatius).
In 2012, Gambit profiled Cory MacLauchlin's biography Butterfly in the Typewriter: The Tragic Life of John Kennedy Toole and the Remarkable Story of A Confederacy of Dunces — read it here.