The original film starred legendary actors like Judy Garland and James Mason. The story revolved around a young showgirl (Garland) taken under the wing of a faded matinee idol (Mason).
The production timeline will be announced soon, according to The Hollywood Reporter.
The on-stage show will also include songs," The Man That Got Away" and "Gotta Have Me Go With You," from the George Cukor film.
The movie was made for the second time with Barbra Streisand and Kris Kristofferson in 1976 and another version is currently in preproduction, scheduled to star Bradley Cooper and Lady Gaga.
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