Karlie Kloss is 'excited to still be involved' in Project Runway as she steps back as full-time host
A source close to the new mom and entrepreneur tells PEOPLE she has "a lot on her plate" but "can't wait" to be a part of the new season as a guest
The Metropolitan Museum of Art's COSTUME INSTITUTE Benefit Celebrating the Opening of Manus x Machina: Fashion in an Age of Technology, Dinner, The Metropolitan Museum of Art, NYC, New York, America - 02 May 2016
Supermodel Karlie Kloss announced her pregnancy in October.
The designer became legendary as a branding pioneer who rethought how fashion might work.
First-time parents-to-be Karlie Kloss and Joshua Kushner just celebrated their two-year wedding anniversary on Oct. 18