Titled as Resident Evil: Racoon City, as rumoured beforehand, the game ses you on opposite sides of the spectrum as members of the Umbrella Security Services Squad rather than BSAA.
Unlike the latter, where you just take out zombies, gunning for Umbrella is all about destroying evidence and killing T-Virus survivors from the 1998 Racoon City outbreak.
There are two other factions to make a "three corner conflict" according to Capcom: US spec ops and bio-organic monsters created by Umbrella.
Your team is made up of four members: Vector, Beltway, Bertha, and Spectre. Depending on who you pick to play as, its goals and aims will vary.
The magazine adds that "you'll be facing Umbrella-created horrors in between skirmishes" with each faction. It also says the game will allow you to "change the history of Resident Evil," with many characters from the series making appearances. You'll also be allowed to kill them.
The reports says that it'll be coming to 360 and PS3 later this fall.
Racoon City will no doubt be one of many efforts this year from Capcom to celebrate the 15th anniversary of Resident Evil, having announced earlier today it would release HD versions of Resident Evil 4 and Code Veronica this fall for PSN and XBLA.