Gloria and Emilio Estefan had this to say, "We are very excited to share this story, which is based on hope, determination and the belief that with hard work and passion, our dreams can become our reality. Our music has been a true reflection of who we are, where we came from and the journey that has brought us to where we are today.

"Our cultural roots, our life-defining challenges and the rewards that come with believing in yourself and striving for that which you believe in wholeheartedly, will be the foundation for this theatrical production. Sharing our life story through music will give us a new opportunity to honor our roots and, hopefully, to be able to inspire generations to come."

According to the announcement, the musical will be set to tell the Estefans' story detailing their journey all the way from Cuba to superstardom.

"I am thrilled to collaborate with Gloria and Emilio to see their amazing story come to fruition on the Broadway stage," said Jimmy Nederlander, President of the Nederlander Organization. "The Estefans' journey of success, led by raw talent and passion, is captivating as it drove them from relative obscurity to global sensations."

The Nederlander Organization will be partnering with Siegfried & Roy producer Bernie Yuman who will be acting as Executive Producer of the project.