From our reporter, Rudolph Tang:
Peking University (PKU) announced today a plan to build an opera house on its campus that seats 1,000 people, as well as a concert hall seats 200 people. The construction site, cleared last year, covers an area of 10,651 square metres with the gross floor area reaching an astounding 16,000 square metres.
Construction will begin by the end of this year and is expected for completion in 2015. It will be the second venue in Beijing exclusive for operas, after the opera house at the National Centre for the Performing Arts, and the fourth in China. It is expected that the Opera Centre of PKU will be the resident opera company of the new opera house. No information on acoustic design has been given.
Here is the design rendering: