Both Odom and choreographer Camille A. Brown will take home the Princess Grace Foundation-USA's 2016 Princess Grace Statue Awards at a gala in New York on October 24.
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Grace's son, Prince Albert II of Monaco, tells PEOPLE exclusively, "We are proud to celebrate the successes and talents of this year’s Statue winners.
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"Over the last decade, since winning their initial Princess Grace Awards, Leslie and Camille have demonstrated excellence in their chosen fields. We are honored to bestow this special distinction on each of them and look forward to watching them thrive."
Odom, who plays Aaron Burr in N.Y.C.'s hottest Broadway ticket (Hamilton tells the story of Alexander Hamilton's life with rap and hip-hop musical numbers), won the foundation's Theater Scholarship in 2002. He made his Broadway debut at 17, and won a Grammy Award in 2015 as principal soloist on Hamilton’s original Broadway cast recording.
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Brown previously received Princess Grace Awards for Choreography and Works in Progress Residency, and has received multiple accolades for her original work, including a 2016 Guggenheim Fellowship.
True Detective's Cary Fukunaga took home the Statue award last year.