The British studio was reported last week as taking over development of future handheld Call of Duty titles. However, Activision Leeds co-founder Martyn Brown revealed that the studio's next game will be a new Pitfall title for the game's 30-year anniversary.
"The first game we are making is in fact Pitfall, which is 30 years old this year," Brown told MCV.
"We've been working on Pitfall since earlier in the year when we set up, and it has been really good to revisit that and bring it to a modern audience."
Pitfall was the first major title released by Activision in 1982 for the Atari 2600. It was the second best selling Atari 2600 title behind Pac-Man.
No additional details were provided about the new Pitfall. The game released 30 years ago this September, with more details expected before the actual anniversary date.
Brown also hinted that Pitfall may not be the only game that the studio is working on.
"Being able to call upon a wide portfolio of properties is really good for us, and we are looking forward to finally showing it to more people," he added.
Watch a video of the original Pitfall below: