Entitled The Book of Mormon, the production will be co-directed by Avenue Q and Shrek the Musical's Jason Moore and "South Park"'s Parker. Producers are Scott Rudin and Anne Garefino. The latter is the executive producer of "South Park."

The Book of Mormon, according to the New York Post, "tells the story of two young Mormon missionaries sent off to spread the word in a dangerous part of Uganda. Their tale is told alongside the story of Joseph Smith, founder of the Church of Latter-day Saints."

"It has been such a thrill to get to work with two guys I've always admired so much, Matt Stone and Trey Parker," Lopez said in a statement. "Their 'South Park' movie musical is beloved within the Broadway community – it was certainly one of my biggest influences writing Avenue Q. It's been a lot of work and a lot of laughs, and I'm so excited by the show. It really is in many senses a big traditional musical comedy, with, as you might expect, untraditional subject matter. I can't wait to see how Broadway audiences are going to react when they experience it."

Expect the musical to be funny and cynical but full of heart. "We learned a long time ago that if something is cynical just for the sake of being cynical, it won't last too long," Stone told the Post.

Co-creator and co-director Parker added, "Broadway is big and scary to us. And by no means are we coming in to kick Broadway's ass. We're pretty sure we're going to get our asses kicked. But Bobby and Scott and Jason have a lot of the theater experience, so with their help, maybe we won't fall flat on our faces." Cheyenne Jackson starred in a 2008 workshop of a previous incarnation of the project, which was then titled Mormon Musical. At that time, Jackson told the Post, "It's hilarious - very acerbic and biting. It offends everybody but does what 'South Park' does best, which is by the end it comes around and has something great to say."

Theatre, cast and additional creative team will be announced at a later date.