It鈥檚 the end of a reality TV era. Heidi Klum and Tim Gunn are set to exit Project Runway when the show moves back to its original home on Bravo, and will instead develop, produce, and host a new fashion reality series for Amazon.

鈥淎fter 16 incredible seasons, I am saying 鈥楢uf Wiedersehen鈥 to Project Runway, a show that I was honored to host and help create,鈥 Klum said in a statement to Deadline. 鈥淚 am incredibly proud of the show, and it will always have a special place in my heart. I am so appreciative of the dedicated fans, and most of all, I am grateful that we could shine a light on creativity and help launch so many talented designers鈥 careers.鈥

Gunn echoed his longtime co-host鈥檚 sentiments, praising the young designers and thanking the fans for their support. 鈥淚 am grateful to Project Runway for putting me on a path I never, in my wildest dreams, thought my career would take me,鈥 he said.

So far, not much is known about the pair鈥檚 new series, but a press release stated that it will 鈥渃ontinue Klum and Gunn鈥檚 14-year relationship and a commitment to making fashion accessible to a wide audience.鈥 Additionally, Amazon Fashion will work with the show to make it a 鈥渟hoppable experience鈥 for viewers.

Klum and Gunn have been on Project Runway for 16 seasons, during which time they have been nominated for six Best Reality Host Emmy Awards (including a nod this year).

鈥淚鈥檓 most excited that my journey with my dear friend and colleague, Tim Gunn, is far from over,鈥 Klum continued in her statement. 鈥淲e鈥檙e excited for everyone to see what we鈥檙e designing next!鈥

Are you excited for Heidi and Tim鈥檚 new project, or will you miss them on Project Runway? Let us know @BritandCo!

(photo via Barbara Nitke/Lifetime)