(Screenshot via YouTube.)

A modernized reboot of the acclaimed ’80s soap opera “Dynasty” is officially coming to CW for the 2017-18 season, according to Variety.

Josh Schwartz and Stephanie Savage, writers and producers behind hit teen dramas “Gossip Girl” and “The O.C.,” and original “Dynasty” creators Esther Shapiro and Richard Shapiro will forge the remake. “Revenge” screenwriter Sallie Patrick is on board to pen the script.

The new series will focus on rivaling families the Carringtons and the Colbys, but this time the story will be told from the viewpoint of Fallon Carrington (Elizabeth Gillies from “Sex&Drugs&Rock&Roll”), and her new stepmother, Cristal. Originally played by Linda Evans, Cristal will be a Hispanic woman navigating her way to become a member of the wealthy family.

Other cast members will include Grant Show (“Melrose Place”), Nathalie Kelley (“The Vampire Diaries”), James Mackay (“The Leftovers”), Alan Dale (“The O.C.”), Sam Adegoke (“Murder in the First”), Robert Christopher Riley (“Hit the Floor”) and Rafael de la Fuente (“Empire”).

“Dynasty,” which ran from 1981-1989, once ruled television as the number one show in the United States in 1985. It was followed by the spinoff series, “The Colbys,” which ran for two seasons from 1985-1987 and miniseries “Dynasty: The Reunion” which aired in 1991.