The game was revealed as part of last night's Nintendo Direct, with a short glimpse of gameplay.
The story takes place in a small village that suddenly sees the appearance of monsters.
Adam Bankhurst is a news writer for IGN who has all the faith in the world in Game Freak and is excited to vacation in this troubled village next year. From what we gather based on the very, very (very) limited information available about Town at this time, it appears that the game will utilize a kind of Suikoden-like party system.
You as a player would be required to defend the villagers from such horrendous monsters in a turn-based role-playing game format.
Town is planned to release in 2018 exclusively on the Nintendo Switch. Players will be able to enlist other townspeople to help in hard battles.
The game is now titled Town, but that seems to be a working title that will likely change during the course of the game's development.