'Disenchanted' (Disney's Official 'Enchanted' Sequel) Gathers Speed with New Director

Enchanted 2 has been on the "going to do this someday" slate for Disney for quite some time, but now the project is heating up and Disney reportedly has plans to start shooting in Summer 2017. If you count the months, you'll realize that really isn't very long to do the final polish on the script and get all the pre-production complete and camera ready.
From THR:

Adam Shankman, the helmer behind the musical Hairspray, is in negotiations to directDisenchanted, the follow-up to Disney’s musically inclined 2007 fantasy Enchanted that starred Amy Adams. 

Adams is expected to return for the sequel. 

Sources say Disenchanted is set 10 years after the first movie, with Giselle finding herself questioning her happily-ever-after life and accidentally triggering events that make everyone's lives turn upside down in both the real world and in the animated kingdom of Andalasia. 

Shankman's resume seems ideal for a sequel along the same lines as the original - a comedic musical fantasy. He not only did Hairspray, but also Rock of Ages, episodes of Glee and the romance films A Walk to Remember, The Wedding Planner and the family films Bedtime Stories and The Pacifier.

There's a good chance this movie will be filling one of those slots of "Untitled Live Action Fairy Tale."

Fitting that it will be around the time of the 10th anniversary... 10 years after the first movie, just when the story is to be set.