Lee Pace: The Hobbit's Elven King!

Lee Pace has been cast in Peter Jackson‘s The Hobbit as Thranduil the Elven King, Deadline reports.

The 32-year-old actor will be joining the cast made up of Orlando Bloom, Cate Blanchett, Elijah Wood, and more.

The Hobbit is set to be released in late 2012.

Congratulations are in order for Lee and the cast and crew members of his current hit Broadway show, The Normal Heart, which received five Tony nominations today, including best revival of a play! The Tonys will air on CBS June 12 at 8/7c.