Season 5!

Tim spills the beans:

A fifth "Project Runway" season is in the works, Gunn said.

"We begin auditions next month," he said. "We always tape in June. So we have to get a great group of designers together if we're going to start taping in June."

Sounds like they are angling for another fresh batch of designers, dashing the hopes of some for an "all-star" cast of former contestants. Stay tuned for audition dates and locations. Designers, time to get sewing. Thanks to Jessica for the tip!