The museum will give fans a chance to get a much more intimate look at the life of the revered artist.
A Minnesota city council has voted to rezone Prince's Paisley Park recording studio and home, meaning it can open as a permanent museum.
The Star Tribune reported the Chanhassen City Council signed off on the rezoning request Monday. It also will require a traffic study to address concerns from council members and residents about pedestrian safety, traffic and parking.
EXCLUSIVE: Inside Prince's Paisley Park as the Recording Compound Becomes a Fan Museum
Earlier this month, the council tabled the request by the trust company overseeing the late superstar's estate. That move nearly delayed the museum's Oct. 6 opening before a temporary permit was granted.
The council's 5-0 vote Monday also means tours of the iconic structure will resume, CBS Minnesota reported.
Mayor Denny Laufenburger told the newspaper that he was pleased with the council's decision, saying it is a "big benefit for the community."
Prince died April 21 of an accidental overdose at Paisley Park, a 65,000-square-foot complex.
EXCLUSIVE: The Elevator Where Prince Died at Paisley Park Has Been Boarded Up -- What Now Covers It
(Originally published by CBS News on Monday, October 24, 2016 at 11:42 pm ET)