Today Marvel posted on their page that Ryan Coogler is officially directing the movie. Coogler made the critically praised Fruitvale Station and then went on to direct the successful Rocky sequel/reboot Creed has been given the reigns to the Marvel property. The success of Creed both critically and financially shows Coogler has the chops to make an entertaining popular movie while also making a movie critics like. Hoping to duplicate the success of Guardians of the Galaxy that also did well with both groups it seems like a good pick.
Chadwick Boseman will be playing the title character and will make his first appearance in Captain America: Civil War. After lots of release date shuffling Black Panther will arriving February 16th 2018 (ignore the date in the picture above.
Below is the official statement from Kevin Feige about Ryan Coogler