According to Randy Pitchford, Head of Gearbox Software, development of the expected titan of a game known as Borderlands 3 is not yet underway.

Pitchford has big ideas for the title and based on his comments they are just too lofty for the studio at this time. While he made it clear that they are not done with the series as a whole they cannot just start development at this time.

[/font][/color][color=#242424][font=Arial, Helvetica, sans-serif]Randy Pitchford wrote:When you think of what Borderlands 3 should be, it should be massive. It should be bigger and better than Borderlands 2. It should carry forward the story. It's probably crazy multiplatform, depending on timing. It would have to be a next-gen game and a current-gen game, if it was coming at any time in the reasonably near future.