One Man, Two Guvnors author Bean, who adapted the hit comedy from Carlo Goldoni's The Servant of Two Masters, has penned "School For Santas" as a vehicle for Corden.
"School For Santas" will center on a down-on-his-luck dad who attempts to get into the holiday spirit and win his kids back.
A director has not been announced. Filming is expected to take place next year in New York and London.
Corden, who also won the Outer Critics Circle and Drama Desk awards for his performance in One Man, Two Guvnors, has also been seen on Broadway in The History Boys.