Martina McBride on Sept. 16
09/18/2008 AT 11:25 AM EDT
Martina McBride helped unveil plans for a $95 million senior living community south of Nashville, designed to provide a welcoming home for aging members of the music industry.
"Residents can still contribute music, make music, record music and perform music here and that's very unique," McBride told PEOPLE on Wednesday at the launch of The Crescendo, a community of 180 independent living condos and a nursing facility that will feature a recording studio and a performance hall.
"The music industry is such a special industry," she adds, "and I think it's really important for people who transition into assisted living or independent living to be able to have people around them that have a point of reference."
Apartments in the complex, which is expected to open in 2013, will cost between $300,000 and the low $600,000s, but McBride says a fund will be available to assist those who need financial help. "It won't be just the exclusive, top-tier people in the music industry who can afford to live here," she says. "Everyone that contributed can come. We need to take care of our own."
At 42, McBride is a long way from retiring, but she can imagine a day – some 40 years down the road – when she and pal Faith Hill
might be found gabbing by the pool at The Crescendo. "Maybe so!" she says with a laugh. "It's definitely a place that I would want to come and spend some time in my later years."RELATED ARTICLE:
2005: Martina brings baby aboard her tour bus! RELATED GALLERY:
See country music's hottest stars on the cover of PEOPLE!