It appears that the summer 2014 box office just lost one of its largest players.

Universal has announced that it is putting the brakes on production for "Jurassic Park 4," telling The Hollywood Reporter that the film needs more time in development.

"Universal has decided to release Jurassic Park 4 at a later date giving the studio and filmmakers adequate time to bring audiences the best possible version of the fourth instalment in Universal's beloved franchise," the studio said in a statement. "We could not be more excited about the vision that Colin Trevorrow has created for this film, and we look forward to watching as he and the producers create another great chapter in this franchise's storied history."

Trevorrow, brought on in March, excited the Twitterverse last week after sharing a scouting photo for JP4 with the word "Nublar." Fans of the Jurassic Park series instantly took that to mean that the events of this new sequel will take us back to the island where the dino cloning madness first went down.

Unfortunately, things quickly fell apart from there - with JP4's digital assets manager Todd Smoyer tweeting only a few days later: "Hollywood makes and crushes dreams. Goodbye JP4." That tweet, along with others from members of the film crew, have since been deleted.

According to THR, JP4 was headed for a June 24th production start date - but Universal only received a draft script from Trevorrow and writer Derek Connolly earlier this week. Hence the realization that next summer's release date wasn't going to work.

And frankly, I'm down with that. It's been over 12 years since JP3 hit theaters - what's another year or two if the movie is something worth waiting for? Shouldn't the special FX teams be given as much time as possible to create the most realistic looking dinos we've ever seen? Especially if that dino scares the living hell out of us?

Take your time Trevorrow. My return ticket to Isla Nublar can wait a bit longer to be punched.

Michael d'Estries ( @michaeldestries ) covers science, technology, art, and the beautiful, unusual corners of our incredible world.

'Jurassic Park 4' delayed by Universal
Studio says the film needs more time in development due to director Colin Trevorrow's recent involvement.