Looks like a reboot/reimagining of Prey. Looks interesting. Plus it's by Arkane.
"To all visitors from Transylvania looking for the head of Voivode Dracula: Yes, we have it. Yes, he's dead. No, you cannot see it. No, he will not return and invade you again. It has been over thirty years, please stop pestering us."
Reboots have been around in gaming for many years, it's just usually considered a sequel instead of a reboot. A game like RE4 is a good example for this. It's a sequel but it's a reboot.
Myself, I don't care if a developer wants to reboot a franchise. Video games are a much different type of medium and has attributes that allow franchises to be rebooted. Actors do not age and graphics can improve a franchise. New mechanics ideas can freshen up the gameplay.
Movies are not like that. Legendary roles like Indiana Jones, Han Solo and Ripley would look very strange if played by somebody else. Movies were shot and developed for the specific time period. If you remade Alien shot by shot, you wouldn't need CGI because when the movie was made, CGI wasn't around.
I'm looking forward to this. Bethesda is publishing and Arkane Studios is developing it so it could be chance that it turns out very well. Bethesda has a very good record so far rebooting franchises.