The heavily rumored CBGB festival will take place July 5-8 and will showcase about 300 rock bands at venues across New York City, according to an article in today’s New York Times.

Emerging artist showcases will take place July 5-6 in over 20 venues including large stages like Webster Hall to smaller clubs like the Trash Bar in Williamsburg and the Living Room on the Lower East Side. On July 7, the festival will present a large free concert at Summerstage in Central Park. The festival will also include screenings of rock-themed films along with a series of workshops and conferences.

Performing at the free concert in Central Park will be Guided by Voices, the Pains of Being Pure at Heart and Cloud Nothings, while The Cro-Mags, Vision of Disorder, and Sick of It All will headline a show at Webster Hall. Classic CBGB performer David Johansen, a former member of the New York Dolls, will also perform a show, as will the Baseball Project, formed by members of R.E.M. and Dream Syndicate. Additional acts include The Hold Steady’s Craig Finn, reunited punk band D Generation, Willie Nile and more.

Badges are now on sale via the CBGB Festival’s website.