Pacino will play the role of aging salesman Shelley Levene, which was played by Jack Lemmon in the movie version.
Pacino, who played the role of Ricky Roma in a 1992 film version of the same play, was last on Broadway as Shylock in "The Merchant of Venice," which earned him a Tony nomination.
The revival the marks the 30th anniversary of David Mamet's Pulitzer Prize-winning play about the backbiting world of salesmen. Previews will start in mid-October.
The Associated Press contributed to this report.