Oscar winner Martin Scorsese has teamed with "Departed" co-star Mark Wahlberg for a drama series project for HBO about the development of Atlantic City says The Hollywood Reporter.

The project will be developed in conjunction with the book, "Boardwalk Empire: The Birth, High Times, and Corruption of Atlantic City" by Nelson Johnson, which has been optioned by HBO.

The story chronicles Atlantic City "from its birth as a quiet seaside health resort, through the notorious backroom politics and power struggles, to the city's rebirth as an entertainment and gambling mecca where anything goes."

Scorsese will executive produce the project with Wahlberg and Stephen Levinson who currently produce HBO's "Entourage". Scorsese set his 1986 film "The Color of Money" in that city.