For Fishtown residents, live comedy is about to become local.

Almost a year after the opening of the Fillmore, Live Nation Comedy has announced the opening of the city’s first major comedy club in more than a decade, “Punch Line Philly.” The new comedy club will open across from Live Nation’s newest music venue.

Aiming to open in July, the 300-seat comedy club will feature VIP seating, an outdoor patio, lobby bar, and a full-service food and beverage selection including local craft beer and wine by the glass. The menu includes starters, salads, fresh-baked pizza, and sweets.

With locations in San Francisco and Sacramento, Philadelphia will become Live Nation’s first East Coast comedy clubhouse.

“Philadelphia has an amazing comedy heritage and Punch Line Philly will feature the world’s best comedians in a one-of-a-kind Fishtown vibe with great sightlines, food and beverage,” said Ron Bension, President of Live Nation’s House of Blues Entertainment Division. “Our commitment to the Fishtown neighborhood runs deep and we’re excited to share this new offering.”

As the world’s largest comedy promoter, Live Nation sold 2.5 million + tickets to more than 850 shows in 2015 and features a diverse roster of comics including well known talent such as Amy Schumer and Aziz Ansari at the Oddball Comedy festival and Kevin Hart’s “What’s Now” tour.

Hart, a North Philadelphia native became the first comedian to headline and sellout a NFL arena — and not just any stadium, but his hometown arena at Lincoln Financial Field.

Who’s set to kick things off at Punch Line? Canada’s Russell Peters is set to be the first comic to perform at Punch Line Philly, as he launches an all-star summer lineup. Peters will be followed, in order, by Bill Bellamy from “Last Comic Standing” (July 14-16), Robert Kelly from FX’s “Louie,” (July 21-23), Marlon Wayans from “White Chicks” and “Scary Movie” (Aug. 4-6), Pablo Francisco (Aug. 10-13), DeonCole from ABC’s “Black-ish,” TBS’s “Angie Tribeca” and “Barbershop 2,” (Aug. 18-20) and Nikki Glaser, host of Comedy Central’s new “Not Safe with Nikki Glaser” (Aug. 25-27).

Tickets for all shows in Punch Line Philly’s Premier Summer Lineup went on sale last Friday. Complete information at www.punchlinephilly.com.

On May 6th, Punch Line Philly hosted a comedy series at The Foundry, the Fillmore’s intimate, upstairs performance space, which included local comedians Chip Chantry, Jim Ginty and Dave Terruso. The Foundry also will be hosting a “Punch Line Presents” comedy event June 25 with Wheeler Walker Jr.