Daniel Sullivan is directing the new production of the Pulitzer Prize-winning drama, which is to begin previews Oct. 16 ahead of a Nov. 11 opening.
Pacino earned an Oscar nomination for portraying Ricky Roma in the 1992 film version of "Glengarry Glen Ross." He will now take on the role of Shelly Levene.
This production coincides with the 30th anniversary of the play, which Mamet wrote in 1982.
It premiered in the 1983-84 season at the Royal National Theatre in London. That same year, it made its American debut at Chicago's Goodman Theatre before moving to Broadway's Golden Theatre where it ran for 378 performances.
"The stakes are high at a fly by night Chicago real estate office: 1st prize -- a new Cadillac, 2nd prize -- a set of steak knives, 3rd prize -- you're fired!" a synopsis said. "'Glengarry' slices to the core of the American dream and exposes the depths people will go to stay on top of the game."
Pacino and Mamet most recently worked together on the HBO Phil Spector biopic, written and directed by Mamet and starring Pacino and Helen Mirren. It will premiere in 2013.
Pacino was last seen on Broadway in "The Merchant of Venice" in 2010-11.
JEANNE TRIPPLEHORN: U.S. actress Jeanne Tripplehorn will join the cast of "Criminal Minds" this fall, CBS announced Thursday.
"We're thrilled to have Jeanne Tripplehorn join our team as a profiler," Executive Producer Erica Messer said in a statement. "Her character will be introduced in the premiere. It's an exciting way to start Season 8."
Tripplehorn co-starred with Bill Paxton in the cable series "Big Love" for five seasons. She also starred in the TV movie "Grey Gardens," as well as the films "Sliding Doors," "Mickey Blue Eyes," "Basic Instinct" and "The Firm."
LADY GAGA: U.S. pop star Lady Gaga said Thursday her first fragrance, "Lady Gaga Fame," will be black and released in September.
The perfume is being created through the singer's own Haus Laboratories in association with Coty.
Coty said the fragrance will be the first black Eau de Parfum that sprays clear and becomes invisible once airborne.
"The scent is built around three main accords: dark, sensual and light," the company said. "The dark accord was inspired by Belladonna, the deadly nightshade possessed by haunted beauties since the 18th century. From this darkness, the fragrance evolves to a sensual accord of opulence, a fusion of dripping honey, saffron and apricot nectar. And lastly, the light accord whispers magnificence. The rich floral layer of crushed Tiger Orchid and Jasmine Sambac embodies timeless beauty. The accords work together to create a fragrance of floral and fruity elements, with the star ingredient inspired by Belladonna leveling out the whole fragrance and giving 'Lady Gaga Fame' its signature as a scent."
"Enjoy the first ever fragrance from Haus Laboratories. 'Fame,' a beautiful prospect with a dark heart," Lady Gaga said in a statement.
BRENT SPINER: "Star Trek: Next Generation" icon Brent Spiner is to guest star on the science-fiction series "Warehouse 13," now shooting in Toronto, Syfy said Thursday.
Spiner will play Brother Adrian, leader of an intensely secretive sect with possible ties to the Vatican, when the hit series returns for a fourth season July 23, the cable network said.
"Warehouse 13" follows a team of agents who work at a massive, top-secret South Dakota storage facility that houses every strange artifact, mysterious relic, fantastical object and preternatural souvenir ever collected by the U.S. government. The show stars Saul Rubinek, Eddie McClintock, Joanne Kelly and Allison Scagliotti.
Celebrity Families of 2014 [PHOTOS]