Producer Joel Silver has confirmed that filming for "Sherlock Holmes 3" will start later this year.

In an exclusive interview with Collider, Silver revealed during the press day for the upcoming film "The Nice Guys" that the third installment in the "Sherlock Holmes" movie franchise will start shooting this year despite the very hectic schedules of the lead stars of the film.

"It looks like it could happen this fall. [Robert] Downey said he wants to do it. He's gotta launch into another Avengers movie, right after the New Year, so we're trying to get it done," Silver said. "We have a script that we like. Jude [Law] is available and Downey is available, and we're hoping we can get it done. If it works, great. If not, we'll do it another time. But, it looks like it could happen now."

Since Downey's upcoming "Avengers: Infinity War" is scheduled to start filming sometime in November under the direction of Joe and Anthony Russo, it could possibly mean that the actor will not be needed to appear on the set to resume his role as Iron Man until the first few months of 2017. This could give the actor some free time to work on the next "Sherlock Holmes" film.

Silver was also asked if the third "Sherlock Holmes" film will be the last for the franchise. But if the film producer will have his way, he would want to see the film series expand further.

"I hope [it's not the last one]. I don't think so. How many Bond films have they made? As long as there's a character, we can work with it," Silver stated. "It's not an end story. We can keep going, as long as people want to do it. It's [the actor's] call. They have to say, 'Okay, I'm ready to go.' I read about them making another Bad Boys. If they want to do it, then you try to get it done."

Warner Bros. has yet to announce the release date of "Sherlock Holmes 3."