In an interview with Empire, Toby Jaffe said: "The more expensive a film is, the harder it is now to make it that violent. With Recall in particular, we made a conscious choice to keep it tonally closer to something like Minority Report. It gives the studio, and us as producers, the opportunity to reintroduce it in a new way."
What is cool, however, is that Jaffe menionts the "jump suits" featured in Robert Heinlein's book: "Working in a visual-efects renaissance as we are, we have the ability to do so much more now. We can do the Jump Suits [armoured exoskeletons from Heinlein's novel], for example, which I don't think they could have done before."
No word on a release date or director but Thor and X-Men: First Class screenwriters Ashley Edward Miller and Zack Stentz have written the script.