Lee's character is described as a "constant dreamer and he and his friends learn to take risks, explore new ideas, and never ever give up," Deadline reported Thursday.
The show's idea came from a chance meeting between Lee and Roberts' son, whom Roberts said was instantly excited upon meeting the Marvel legend.
"The Amazing Stan will show kids and adults what Stan would have been like as a kid, and is inspired by his real life," Roberts said. "It will be in a timeless setting like Peanuts. The show will have something for everyone who loved Stan."
There's no information yet on the show's cast or release date.
Originally published July 18, 3:46 p.m. PT.
Update, 6:40 p.m. PT: Adds quote from John P. Roberts.