Swayze died at age 57 in 2009 of pancreatic cancer.
“Dirty Dancing 2” was announced back in August.
Grey is set to reprise her role famous role as Frances “Baby” Houseman, as well as executive produce the project.
And while details about the new film are being kept secret, Grey was able to be open about why she believes people have a special place in their hearts for the love story between her character and dance instructor Johnny Castle, played by Swayze.
“It was about innocence and the way that innocence is lost and how people explode into a different iteration of themselves,” she said.