In November 2019, it was announced that Banks was set to star in, direct, and produce a new adaptation of "The Invisible Woman" (1940), based on her own original story pitch. Erin Cressida Wilson will write the script for the reboot of the female monster, while Max Handelman and Alison Small will serve as producer and executive producer, respectively. Banks was allowed to choose a project by Universal Pictures from the roster of Universal Monsters, ultimately choosing "The Invisible Woman". In June 2020, it was announced Banks would star as Ms. Frizzle in a live-action/animated hybrid of "The Magic School Bus", for which she will also produce through her company Brownstone Productions alongside directors and writers Tom McGrath and Eric Darnell.