Late King of Pop Michael Jackson's legendary estate 'Neverland Ranch' may be turned into a haven for teenage musicians.
Colony Capital, which owned the ranch before the pop singer's untimely death, reportedly wants to turn the ranch into a music institute modelled after Juilliard, a music school in New York City, according TMZ.com.
The plan is to teach writing and performing for many different genres of music to teenagers.
Since the pop star's death, numerous interested parties have floated different ideas for Neverland Ranch.
In July, the NAACP supported a plan to turn the ranch into a state park.
"I think Michael's history is world history and I think it would become the No. 1 attraction for the state parks if we could pull it off," the New York Daily News quoted California NAACP President Alice Huffman as telling The Sacremento Bee at that time.
But with the actual owners of the Ranch wanting to make the music school happen, it seems a little more likely than other plans-as long as it can overcome a few procedural issues.
Before the teens start flowing back into the ranch, Santa Barbara County reportedly has to approve the plan and Jackson's estate must allow his name to be used to promote the institute.
"It's an interesting idea. And we'd be open to it," said a rep for Jackson's estate.