Speaking on the Triple Click podcast last month, Jason Schreier reports that Final Fantasy XVI has been in the works for at least four years. A recruitment page on the Japanese Square Enix site now lends credence to this report, stating that Final Fantasy XVI’s ‘basic development’ is already complete.

As spotted by Games Talk (via Gematsu), the recruitment page is shoring up on resources as they have “already completed basic development and scenario production, and are continuing to create large-scale resources and build boss battles while expanding our various development tools.”

The trailer shown during the PlayStation 5 Showcase is proof of this work, showing more than just a logo but working up to various in-game battle scenes and even showing off impressive summons. Some people noticed the watered down visuals, but Square insists that a lot of optimization has yet to be done.

There is no release date yet, but it would not be surprising if the game launches in 2021 or 2022. We’ll know more about the game when the teaser website comes out sometime this month.

Final Fantasy XVI is touted as a timed console exclusive for the PlayStation 5.