Shenmue 3 was successfully funded last year via Kickstarter and by the looks of a new video, it's coming along quite nicely.
The video is shot off-screen, but that doesn't stop it looking impressive at all. Hopefully we'll begin to see some gameplay footage come along nearer the end of the year. In the meantime check out the footage below.
Shenmue 3 arrives sometime in 2017.