It seems that Arkane Austin is working on a new unannounced Unreal 4 project. This was discovered today by Timur222, known for his contribution on Wikipedia as an editor, also a deep investigator in the gaming industry regarding upcoming projects.
There is an unannounced project on Arkane Studios’ list, which imbues a strong possibility of a next fantasy game. The tweet posted by Timur222 can be found below.
Arkane Studios Austin is working on a fantasy game using Unreal Engine 4. pic.twitter.com/2RGQTf3A6E
— Timur222 (@bogorad222) January 12, 2021