The project was announced Tuesday by the Nederlander Organization and Estefan Enterprises.
The creative team will be announced at a later date, the partners said in a news release.
"I am thrilled to collaborate with Gloria and Emilio to see their amazing story come to fruition on the Broadway stage," Jimmy Nederlander, president of the Nederlander Organization, said in a statement. "The Estefans' journey of success, led by raw talent and passion, is captivating as it drove them from relative obscurity to global sensations."
2014: The Year in Music [PHOTOS]