The late Grammy winner Prince has a new album coming out this summer. File Photo by Gary C. Caskey/UPI | License Photo

June 4 (UPI) -- A new collection of music from the late pop icon Prince is set for release this summer.

"Timeless, a new collection of rare and previously unreleased recordings that trace the evolution of Prince's legendary career," the artist's official Instagram account said Thursday.

"We welcome a first-of-its-kind music project that covers songs from each decade of his beautiful life. Arriving August 28, the set features 10 tracks from 1977-2016, including the newly unveiled single 'Stone,' available now."

A concert celebrating the 10th anniversary of Prince's death is to take place in Minneapolis on Friday.