Back in February, 75-year-old GRAMMY-winning icon and 2008 MusiCares Person Of The Year Aretha Franklin announced her retirement from touring and that she is at work on a "final" studio album. Now the singer reveals part of her retirement plans include opening a small club in downtown Detroit.

The proposed name of the venue? Aretha's, of course.

"I'm interested in doing a small nightclub downtown, and ... have been talking about this for a couple of years now," Franklin told Rolling Stone, "From time to time I would sing, and of course, I would have special artists come in to perform for the city that people in Detroit like – Detroit favorites."

Franklin first moved to Detroit as a child, and she now currently lives near the Bloomfield Hills area. Although she has announced her plans to cease touring, she is reportedly still hard at work on her album, due out in the fall and featuring a collaboration with Stevie Wonder.

More News: Queen Latifah To Receive Revolt Icon Award