The Monster House director will join producer Sam Raimi on the remake, reports Deadline.
Kenan has also directed City of Ember and is currently working on developing A Giant with Lava Bear and The Henson Company.
The original 1982 Poltergeist film starred Craig T Nelson and Jobeth Williams as parents whose family were menaced by evil spirits of the restless dead.
The film joins a series of forthcoming remakes of '80s classics including RoboCop, The Evil Dead and Short Circuit.
Nathan Kahane and Roy Lee are also attached to produce Poltergeist for MGM.
Watch a trailer for the original film below: