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Hiku said:

Marvel vs Capcom Infinite was their next big, from scratch, project. And that one failed spectacularly, and was never salvaged.
They abandoned all plans for continued support for it, almost immediately.

I believe Resident Evil 7, in Feb 2017, was the first big new project for them that ended up being a hit on home consoles. And the starting point of their comeback.

And that was several years after REmake 2 was announced. Which was announced in August 2015.
That's why I find the timing of RE3's funding noteworthy.

Marvel Vs. Capcom is a long running series, and infinite used tons of assets of Marvel Vs. Capcom 3, which did not look good when moved over to the new engine.  It was a very ugly game, with characters no one wanted, and going against a far superior tag team game, which had 3v3, when MvC went back to 2v2.  It is by no means, a "from scratch" game, when 75% of it is just the previous game's assets.

It's like saying any of the Tekken games are "from scratch" when they're all built over the previous games, using decades old animation, and the first game was a Virtua Fighter clone.

Considering how much Resident Evil 3's setting overlaps with Resident Evil 2, the time span doesn't seem too wild.  Jill is walking through the same police station Claire was in.  If I'm not mistaken, the first time around, things were minimally edited, and taken from different angles in RE3.  How much is this police station really going to change over the course of a few weeks?

Knowing that they'd make Resident Evil 3, just after Resident Evil 2, I'm sure they wouldn't have made things too complicated for themselves.