Tiger Woods is transitioning from pro golfer to restaurateur. The 38-year-old is reportedly opening a restaurant called The Woods Jupiter: Sports and Dining Club.

And the golfer's new business venture will be located in Jupiter, near the town where he currently resides, Jupiter Island, Florida.

"I envision a place where people can meet friends, watch sports on TV and enjoy a good meal," Woods said in a statement, according to the Palm Beach Post.

The athlete revealed that he plans to open the restaurant in Jupiter in order to bring more commerce to the area.

"I wanted to build it locally where I live and where it could support the community," said Woods.

"I couldn't be more excited to have Tiger's new establishment operating within Harbourside Place," said the president and CEO of Allied Capital & Development of South Florida, Nick Mastroianni II.

The Woods Jupiter will be situated in Habourside Place, a $150 million entertainment complex that will be opening in the area this fall.

 "It's gratifying to see the final stages met with support from local, national and international organizations such as Mr. Woods," said Mastroianni.

Woods's pro golf career has slowed since he sustained a back injury and was forced to undergo surgery to relieve nerve pressure.

"When I first came out on [the PGA Tour], I was running 30 miles a week, and I was doing that for years, and even during tournament weeks, I would still run five, six miles a day," Woods said in a statement during an event in May. "But I can't do that anymore. We're obviously going to make some adjustments going forward. But I still want to feel explosive, I still want to feel strong and mobile."

As for the Wood's newest project, the star athlete is throwing himself into the project with the same determination that he has used to rule the golf course.

"I look forward to enjoying my restaurant as much as I hope the public will," he affirms. 

**Correction: A previous version of this article mistakenly referred to the town of Jupiter, Florida as Jupiter Island. The Woods Jupiter: Sports and Dining Club will be located in Harbourside Place, which is in Jupiter, Florida.