The remaining members of the band, Mickey Hart, Bill Kreutzmann, Phil Lesh and Bob Weir, will perform together to bid farewell to their loyal fans, reported Aceshowbiz.
'Fare Thee Well: Celebrating 50 Years of Grateful Dead' will be held on July 3-5.
"It is with respect and gratitude that we reconvene the Dead one last time to celebrate - not merely the band's legacy, but also the community that we've been playing to, and with, for 50 years," Lesh said in a statement. Hart enthused, "I have a feeling this will come out just right."
The legendary jam band is also working on their first official career-spanning documentary with Martin Scorsese as a producer.
Grateful Dead was formed in 1965. The founding members were Jerry Garcia, Weir, Ron 'Pigpen' McKernan, Lesh and Kreutzmann.
It formally disbanded in 1995 after Gracia's death. The band, however, has had small reunions since then.
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