Jermaine Jackson, an older brother of "King of Pop" Michael Jackson, said the center would consist of a hotel, a restaurant or cafe and the Jackson 5 television company.
The musician, who is currently visiting Armenia, did not reveal the estimated cost of the project, but added that after the center was completed, the rest of the band would probably come to Yerevan to hold a concert.
Grigor Seropyan, an American businessman and the organizer of Jackson's visit to Armenia, said the main goal of the new entertainment center was to attract foreign musicians, so that they would tell the world about Armenia and its culture.
Pop sensation The Jackson Five - brothers Jackie, Tito, Jermaine, Marlon and Michael - was formed by their father Joe in 1966 in Gary, Indiana. Michael Jackson, the youngest in the band, was the lead singer who propelled the group to the peak of popularity in 1972 during a tour in Britain.