Creator of the BBC TV programme, Steven Knight, is involved with co-curating the Festival, billed as being an "immersive recreation of the Peaky Blinders world".
Peaky Blinders cast members and other special guests will be making an appearance over the weekend, which will also see Steven Knight do a Q&A with the audience about the plot of the new Series 5 and its social, political and historical themes. There will even by stage props used in the programme on display.
Music will be performed live across five stages from acts including Primal Scream, Slaves, Anna Calvi, Nadine Shah and a DJ set by Brummie Mike Skinner of The Streets fame.
There will also be performances from The Correspondents, Swingrowers, Electric Swing Circus, Heavybeat Brass Band, Jive Aces, Jim Wynn Swing Band, Baghdaddies, Miss Kiddy and The Cat, Swing Zazou, Thrill Collins and Punch The Sky.
Fans of the style in the show will be able to shop at Aunt Pol's Fashion and Beauty Boutique and watch a catwalk show of Steven Knight's Garrison Tailors clothing range. The Creative Director of David Beckham's British menswear label Kent & Curwen will showcase its official Peaky Blinders collaboration and educate crowds on how to get "the Peaky look" while there will also be men's grooming services available.
There's plenty of other attractions to keep people entertained with immersive theatre recreating scenes from Peaky Blinders, street poetry, book slams and even a specially commissioned contemporary ballet based on the show's characters from Rambert dance group.
Rambert is Britain's oldest dance company and a name synonymous with risk-taking modern dance as well as diverse and international programming.
Rambert is a renowned dance company that is creating a special new ballet performance based on the Peaky Blinders
On top of that, there will be cinema screenings, pop-up food and drink stalls and a reimagined Garrison Tavern.
Using Digbeth's historic streets, warehouses and factories, the post World War One era will come to life with special effects and video mapping. Theatrics are helped by the involvement of Martin Coat, who is the creative mind behind Boomtown and immersive theatre specialists Dank Parish.
Peaky Blinders creator Steve Knight said the festival will celebrate the swagger of the men and women who walked the same Digbeth streets one hundred years ago. Steve added: "We will be celebrating in Birmingham style and everyone from around the world is invited. Expect the unexpected, expect 1919 to come crashing into 2019 and, be assured, everything is officially by order of the Peaky Blinders..."
Lord Mayor of Birmingham, Coun Mohammed Azim, added: "Peaky Blinders has brought Birmingham into the spotlight. Gripping and beautifully shot, it has gained national attention. So now is absolutely the right time for this festival."
Children under the age of 13 (12 or below), will not be permitted to the festival. Anyone between the aged of 13 and 15 will need to be accompanied by a parent or adult.