Jack Cummings III directs the play, which stars Cariani.
The action-opera focuses on writer Edgar Allan Poe's final days.
The play will be presented off-Broadway by Fault Line Theatre, with direction by Aaron Rossini.
The Public Theater production is led by Chloë Grace Moretz.
The production will originate at Shakespeare's Globe in London.
Other musicals to be produced in the coming year include A Chorus Line, A Christmas Story, The Musical, and more.
England's only audience-choice awards were also bestowed upon the likes of Helen Mirren, Haydn Gwynne, and Michael Grandage.
The Tow Foundation's and The Virginia B. Toulmin Foundation's grants will allow these authors to focus on producing new works.
The five-time Tony winner may take on the role of iconic blues singer Billie Holiday in Lady Day at Emerson's Bar & Grill.
Cast members Bobby Steggert, Jeffry Denman, Tally Sessions, and more will participate.