It looks like open-world Lovecraft.
https://www.youtube.com/watch?v=fAvZHoxzJfQ
Not gonna lie; it’s pretty choppy and jerky at the moment. And I have no idea when The Sinking City (from Frogwares) is supposed to be coming out, either. But it does have some very interesting elements in it. One of the things I’ve noticed about Lovecraftian video games is that they’re usually not as action-oriented as some of Lovecraft’s actual work: his protagonists actually go and do things. If this works out, I wouldn’t mind playing it.