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Jay-Z To Launch Two-Day Pennsylvania Musical Festival

May 14th, 2012 2:20pm EDT

Jay Z

Rapper Jay-Z is set to wrap up the summer by launching a two-day music festival in Philadelphia, Pennsylvania at the beginning of September.

The 99 Problems hit-maker will headline the first annual Budweiser Made in America event over Labor Day weekend.

The mogul made the announcement during a press conference with city mayor Michael A. Nutter on Monday, telling a crowd of reporters, "It's gonna be a great day in Philly, I look forward to seeing you guys."

The hip-hop icon, who will also curate and assemble the rest of the line-up, is set to unveil the remainder of the performers next week.

The festival, produced by Live Nation, will take place at Fairmount Park and a portion of the ticket sales will be donated to charity organization United Way of Greater Philadelphia and Southern New Jersey.

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