In a statement to The Associated Press on Thursday, Prince's family said the concert will be held on Oct. 13 at the U.S. Bank Stadium. Performers will soon be announced on a rolling basis. Tickets will go on sale next month.
Prince died April 21 of a drug overdose. The Purple One's brothers and sisters said in a joint statement that they "have been moved by the tremendous love and support of Prince's friends and fans around the world."
"We are excited for the opportunity to bring everyone together for the official family celebration of Prince's life, music and legacy, and there is no better place to do it than his hometown of Minneapolis," the statement read. "We are honored by the artists who will pay tribute and grateful to those that have worked so hard to make this celebration possible."
Since Prince's death, countless performers have paid tribute to the entertainer. Beyoncé and the Dixie Chicks have covered his songs during their live shows, and Madonna sang "Nothing Compares 2 U" and "Purple Rain" — with the help of Stevie Wonder — at the Billboard Music Awards in May.
BET dedicated much of its awards show last month to Prince with performances from Sheila E., The Roots, Erykah Badu, Janelle Monae, Maxwell, Bilal, Tori Kelly, Wonder and Prince's ex-wife, Mayte Garcia.