A new Tony Hawk's Pro Skater game is in development.
While reminiscing about the  Pro Skater series on his Demolition Radio show on SiriusXM, Tony Hawk said, “We’re working on a game, we are working on a game, it's pretty cool.” A co-host, likely referring to motion capture, followed up, “It’s a whole suit you have to put on."
Hawk and his hosts didn't elaborate any further, but reiterated numerous times, "We are working on a game." No developer was specified, though Robomodo most recently developed Tony Hawk's Pro Skater HD.
IGN has yet to receive a comment from Activision on the future of Tony Hawk's Pro Skater.
Hawk told IGN a couple years back that he'd love to see more of his series on "new consoles as they come."