Douglas Booth cast in Romeo and Juliet

Douglas Booth has been cast as Romeo opposite Hailee Steinfeld in the upcoming Romeo and Juliet, with screenplay by Julian Fellowes.

Variety:
"19-year-old Booth beat out more than 300 other young thesps for the coveted role of Romeo, an accomplished swordsman and adept lover who falls for Juliet despite the bitter rivalry between their families. Holly Hunter co-stars as Juliet's Nurse, while Ed Westwick and Kodi Smit-McPhee are set to play the two lovers' cousins, Tybalt and Benvolio, respectively. Booth previously appeared in "Pillars of the Earth", "From Time to Time" and will soon be seen as Miley Cyrus' love interest in "LOL." Thesp clearly has a taste for the classics, as he's also set to star alongside Ray Winstone in the BBC's upcoming adaptation of "Great Expectations.""

Romeo & Juliet (2011)

Hailee Steinfeld is in talks to star in an indie adaptation of Romeo & Juliet.

My curiosity is piqued since Shakespeare's screenplay has been adapted by Julian Fellowes! (Young Victoria, Gosford Park, Downton Abbey)
To be steered by Italian director Carlo Carlie (Flight of the Innocent) with Gabriele Muccino (Seven Pounds) attached as a producer.
IMDb

Update: Holly Hunter in negotiations to join cast (she's been cast as the nurse)
Update: Ed Westwick cast as Tybalt
Kodi Smit-McPhee in talks to play Benvolio, Romeo's cousin

Not entirely sure how this adaptation will be different from previous ones?
Shooting is expected to begin in Italy later this spring.