nasty_khakis said: "I assume this is different from the High Noon adaptation the Axis Theatre Company produced a few years ago?"
Yes, it doesn't appear as though they're connected in any way, despite sharing source material.
I have no knowledge of this film, but I'm intrigued by the idea of a Western onstage, and I agree that Michael Arden's involvement piques my interest. That isn't to say that everything he does is good (his Annie at the Hollywood Bowl was pretty meh, and I didn't hear good things about his Merrily). But still, he's demonstrated skill, intelligence, and creativity in both of his Broadway directorial outings, so he's earned enough artistic goodwill in my book to give him the benefit of any doubt.