The bash will take place between August 4-5 in Pimlico Race Course in Baltimore.
Producer Seth Hurwitz said the line-up would be made up of big bands.
He said: “We only have 12 slots a day on two big stages and our concept is to fill our slots with the absolute best talent available.”
The dates of the festival will coincide with the Lollapalooza festival in Chicago.
Hurwitz said of the clash: “Given the choice of booking The Police or not we had to go for it. If anything it’s probably helped us because we were able to book some bands that were out already for Lolla. Hopefully both festivals will be strong enough that it doesn’t matter.”
A full line-up is yet to be announced, reports Billboard.