She’ll have the time of her life — again. Not only will Jennifer Grey return for the “Dirty Dancing” sequel, first announced by Lionsgate in 2020, but the film will take place where her character Baby and Johnny’s (Patrick Swayze) summer romance took center stage in the original film. “Jennifer Grey returns to Kellerman’s in the next chapter,” a voiceover said Thursday at Lionsgate’s Cinemacon presentation as clips from the 1987 romantic classic played, Entertainment Weekly reports. It’s long been speculated that the return of Grey, 62, would mean the return of her character, Frances “Baby” Ho…