Titled Mamma Mia! The Party, performances will begin in January in the amusement park's beer hall, which will be converted into a Mediterranean restaurant, one similar to the Skopelos tavern seen in Mamma Mia!

Ulvaeus told the Times, "I've been sitting in theaters around the globe since we started, and have experienced that happy mood in the audience, where people stand up in the aisles and dance and sing…This is the next extension from that: transfer the mood to a restaurant – a Greek restaurant, of course – have a gigantic party, and tell a little story in real time."

Approximately one-dozen performers will be part of The Party, which will feature ABBA tunes and interaction between the cast and the audience. The storyline will fluctuate from night to night.

Should the initial staging prove successful, other cities may join The Party.

As recently reported, the long-running Broadway production of Mamma Mia! will play its final performance Sept. 5. Mamma Mia! will have played 5,765 performances on Broadway, making it the eighth longest-running show in Broadway history. It premiered Oct. 18, 2001, at the Winter Garden Theatre, where it continued through Oct. 19, 2013. The production then transferred to its current home, the Broadhurst Theatre, on Nov. 2, 2013.  In its various productions the show has grossed a reported $2 billion worldwide.

With music and lyrics by Andersson and Ulvaeus, Mamma Mia! is written by Catherine Johnson and directed by Phyllida Lloyd. The production has choreography by Anthony Van Laast, production design by Mark Thompson, lighting design by Howard Harrison, sound design by Andrew Bruce and Bobby Aitken, and musical supervision, additional material and arrangements by Martin Koch.Songs include "Dancing Queen," "The Winner Takes It All," "Money, Money, Money" and "Take a Chance on Me."

The Broadhurst Theatre is located at 235 West 44th Street. For more information visit mammamianorthamerica.com.