Written by K.J. Steinberg ("Gossip Girl"), "Limelight" focuses on the students and faculty at a performing arts school in New York City.
According to Variety, the pilot, based on the real-life experiences of Williams, was originally developed in the fall of 2007 with David S. Rosenthal writing the script.
The current version will be directed by David Semel, one of the industry's pilot-helming lucky charms.
The Bruckheimer-produced pilot was written by Mark Friedman and focuses on a team of amateur detectives.
If the Bruckheimer series goes to series it would be the super-producer's first ABC drama.
Produced by Bruckheimer and Jonathan Littman, the untitled drama (called "The Unknown" internally) will be directed by "CSI" and "Eleventh Hour" (and "Judge Dredd") director Danny Cannon.