January 27, 2013
J.J. Abrams Still Producing STAR TREK 3 And MISSION: IMPOSSIBLE 5
According to Variety Paramount has confirmed that Bad Robot and J.J. Abrams will be involved with both Star Trek 3 and Mission: Impossible 5. While his role as director for Star Trek 3 is unlikely it hasn't been mentioned that a search for a new director has begun. Christopher McQuarrie is being looked for MI5 while Star Trek 3 is only in development phase without a completed script.
THR adds that Abrams can move Disney's purposed Summer 2015 release date for Episode VII. Which means depending on the project's development it could be released earlier or later. I have to assume that a new Star Wars film would need at least a year for artists to put together set designs, action sequences and alien concepts. We should be expecting a little more than just a green-screen production this time around.
In theory, he could choose to hold off the release of the next Star Wars until 2016. Perhaps, giving him all the time needed to be involved with pre-production on Episode VII along with a small window to make Star Trek 3. At the very least helping Paramount find a new director and continue creative choices as producer. It wouldn't be shocking to see a director like Jon Favreau (Iron Man) or Drew Goddard (Cabin In The Woods) coming in to pickup the baton.