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After months and months of speculation, we now have a 100% official new Peter Parker as Tom Holland (The Impossible) will debut as rebooted version of Spider-Man in Captain America: Civil War as well as the next stand-alone Spider-Man film hitting theaters in 2017.

Not only did Marvel and Sony announce their newest web-slinger, but they also jointly unveiled that relatively untested directed Jon Watts will helm the solo feature. While Holland’s name had been bantied about for a while, and he was generally considered the front-runner along with Asa Butterfield, Watts is more of a surprise choice, though he did show up on the studios’ director short-list that was produced a few week’s ago. Watts’ only major feature to this point was last year’s horror outing Clown, and his recent Sundance debuting film Cop Car was met with mixed reviews.

But, at the very least, the speculation on this topic can end, and we can look forward to further discussion on villains and just how Peter Parker will play into the new Captain America feature.

Marvel Studios head Kevin Feige compared Watts to some of the other director choices made by the studio in the past:

“As with James Gunn, Joss Whedon, and the Russo brothers, we love finding new and exciting voices to bring these characters to life. We spent a lot of time with Jon and find his take and work inspiring.”

Amy Pascal, who is working hand in hand with Feige on this project, spoke to Holland’s casting specifically:

“Sony, Marvel, Kevin and I all knew that for Peter Parker, we had to find a vibrant, talented young actor capable of embodying one of the most well-known characters in the world. With Tom, we’ve found the perfect actor to bring Spider-Man’s story into the Marvel Cinematic Universe.”

So there you have it, a Spider-Man and a director are now in place. What do you think about these two choices? Are you excited about the future of everyone’s favorite wall-crawler?