A replica has been built in Italy
Berlin has taken the first steps in building a replica of the original Globe Theatre, at which many of Shakespeare's plays were first performed.
A marker for the theatre was laid on the 440th anniversary of the birth of William Shakespeare.
The replica 17th Century playhouse will be built on a wasteland between one of the last remaining pieces of the Berlin Wall and the river Spree.
A first replica was opened in London in 1997, while a second Globe theatre opened in Rome last year.
The area in Berlin was selected for its similarity to the riverside surroundings of the Globe Theatre in London, said architect Hans-Joachim Prast.
The wooden, three-tiered construction will open in 2007 and will hold an audience of 750. It will have a sliding roof so that performances can take place all year round.
London's Globe Theatre is a popular tourist site
"Berlin is a cultural centre, we have the most museums here
and I see this project as a must for the city," said Mr Prast.
The project will not be subsidised and will rely on sponsors
to fund the initial costs of up to four million euros ($4.75
"Shakespeare is still very much alive today and I'm sure
there will be no problems funding the theatre through ticket
sales," said Mr Prast.