"Locke & Key" TV Series?

There has been much recent speculation that STAR TREK writers Alex Kurtzman and Roberto Orci have been working on developing the popular graphic novel series Locke & Key for film. As it turns out, Kurtzman and Orci have actually decided to pursue the project as a TV series.
The graphic novels, penned by Joe Hill, son of acclaimed fiction author Stephen King, tell the story of a New England family and their mysterious mansion whose doors and magical keys play havoc with those who come across them. The series would be the product of a deal between Kurtzman, Orci, and 20th Century Fox TV and would presumably also involve Dreamworks TV.