Yep - It was announced back in April. It will be part of series of three semi-stages musicals in concert with the other two being "In the Heights" and "How To Succeed...".
I bought tickets to this and am now not-so-patiently waiting to learn ANY name attached to this project. The production itself was announced eons ago and, while I recognize a semi-staged concert version in February means rehearsals are still likely fairly far out, I'm a bit surprised that not even a rumored name has been floating about.