Molly Sims to Host Project Accessory

Make it work...with accessories!

Supermodel, actress and jewelry designer Molly Sims has signed on to host Lifetime's new Project Runway spinoff, Project Accessory, Us Weekly can exclusively confirm.

The 38-year-old -- currently engaged to Scott Stuber -- will be joined by two judges: designer Kenneth Cole and InStyle editor Ariel Foxman. The aspiring designers will be mentored by lifestyle expert Eva Lorenzotti.

Project Accessory will feature a dozen contestants who will create one-of-a-kind jewelry, belts, bags, shoes, headpieces and other wares through a series of challenges. The program will premiere in late 2011 and run for eight episodes.

Tell Us: Will you tune in to Project Accessory?