What the heck is Square Enix up to now?

We’re going to be clear about this and say we have no clue what this is all about. All we know is that the webpage URL has the word Bahamut in it, and it has something to do with a huge creature that appears to have wings and a city growing on its broad shoulders. The music on the site sounds very Final Fantasy-ish and Bahamut makes frequent appearances in those games. We smell a spin-off, but nothing will be known for about 5 more days.