The new opera building, which is part of the Queen Elizabeth II Centre, is scheduled to open in 2021.
Its construction is set to begin in 2024 and finish in 2021, according to a statement from the Royal Opera House.
The new building will feature the largest and most spectacular opera stage in the UK.
The stage will include a three-story, 360-meter-high central plaza, and a grand staircase leading to the opera house’s main entrance.
The construction will be led by the UK government and the Royal Shakespeare Company.
The construction of the new building began in March 2021, and is scheduled for completion by 2021.
The project is expected to bring thousands of jobs to the area, the statement said.
Construction on the new theatre is expected begin in 2019 and finish by 2021, with an estimated cost of £2.5 billion ($3.4 billion).