Ex-Bioware designer James Ohlen is in D&D news a lot right now! He’s behind the 
Odyssey of the Dragonlords Kickstarter, the new 
Heroes of Baldur’s Gate hardcover, and is now also heading up a game studio for WotC!
Ohlen was a lead designer and writer for 
Baldur's Gate, Neverwinter Nights, Knights of the Old Republic, and 
Dragon Age: Origins and more.
According 
to PC Gamer, Ohlen is opening up a new game studio in Texas for WotC. He said 
"I didn’t think that I would be coming back to the game industry so soon but working with Wizards is a once-in-a-lifetime opportunity. Our mutual love of RPGs, world-building, and interactive storytelling is a perfect match." 
It’s not a D&D project though. It’s original IP of some kind -- WoTC says it 
"will focus on the creation of original IP outside of the Magic: The Gathering and Dungeons & Dragons brand." Still, a WotC-owned game studio could mean D&D games in the future.
Is it a video game studio? Unclear! WotC says it's a "multimedia studio," with "freedom to develop different expressions."