The Oscar-winning actress could join Jeff Bridges and Brenton Thwaites in the cast, according to The Hollywood Reporter.
Directed by Phillip Noyce, the film centres around members of a society where there is no conflict, racism or sickness.
Meryl would play the society's chief elder.
The script for the film, expected to shoot in South Africa, is being adapted from a novel by US writer Lois Lowry.
Meryl will next star in August: Osage County alongside Julia Roberts, Ewan McGregor and Benedict Cumberbatch.
COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? firstname.lastname@example.org
You long for a change. Getting a new image or adding fashionable items to your wardrobe will certainly help fulfil your need. Don't hesitate to splash out on your appearance. When you look good, you feel good. It will be easy to attract admirers when you radiate confidence. If you're looking for love, you could find it with a bold adventurer who likes to travel a lot. Do you have a partner? You will both benefit from a short trip out of town and a change of scene.More