Prince's Paisley Park estate is to host a four-day event in honour of the late music legend.
The festival called 'Celebration 2017' will celebrate the life of the late 'Purple Rain' hitmaker - who died at the age of 57 from an accidental overdose at the property - between April 20 and 23, 2017, a year after he passed away.
According to The Hollywood reporter, Prince's backing band The Revolution, Morris Day and The Time, New Power Generation and 3RDEYEGIRL are expected to perform at the music extravaganza.
Tickets for the event start at £402 ($499) and those lucky enough to purchase them will get access to exclusive concerts, a guided tour of the estate and much more.
The late singer's Minnesota home and recording studio has been open to the public on a temporary basis for the last month and the Chanhassen City Council voted unanimously to allow the exhibit to continue after reviewing concerns about traffic and pedestrian safety.
Local business leaders had backed the proposals to make the estate a permanent tourist attraction.
Vernelle Clayton, a Chanhassen resident and leader of the Buy Chanhassen business group, said: "We think more customers and clients is nothing but beneficial to our community."
Since Paisley Park's doors were thrown open on October 6 - almost six months after the '1999' hitmaker died - over 12,000 people have already toured Studio A, the Purple Rain Room, the NPG Music Club and other parts of the estate.
Paisley Park is now expected to be open to tourists from Thursdays through Sundays in the short term.
Fans who visit the estate even get to see Prince's remains as the elaborate urn holding his ashes is on display.
The urn was designed by Prince's sister Tyka and nephew President Nelson, and features scale-model details from Paisley Park, his purple Yamaha piano and white ornamental doves.
Tyka worked with the company Foreverence to create the urn and it features seven crystals.
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