An HD remake of Wind Waker and a "brand-new" title are in development.
http://www.nintendoworldreport.com/news/33103
The Legend of Zelda: The Wind Waker, originally released for the GameCube in 2002, is being developed for Wii U with HD graphics, announced Eiji Aonuma, the producer of recent Zelda titles, in today's Nintendo Direct on January 23. This HD version will support Off-TV Play and will receive tweaks to its gameplay. The game is scheduled to release fall 2013.
Also, a brand-new Zelda title is under development for Wii U and coming sometime after Wind Waker HD, Aonuma revealed. This time around, he decided not to go into detail. Instead, he suggested it will be quite different from previous titles, and made its development concepts clear: rethinking Zelda’s structure, such as having to make progress alongside a scenario, beating dungeons one by one in a predetermined order, and playing alone.
These are aimed at modernizing Zelda (i.e., remaking in the style that is attractive to current gamers). He confessed that they have tackled a similar challenge in the development of Skyward Sword, but could not change the linear structure.
While I am to a certain extent happy that the WiiU is getting a Zelda this early, I don't quite like the fact that this probably means that we won't get an all-new Zelda game for 3DS that soon. Unless Nintendo outsources the title, of course.
They worked on skyward sword and spirit tracks concurrently. We'll still probably get a 3DS zelda between wind waker and wii U zelda for sure.
I’ve never played The Wind Waker before, and I thoroughly enjoyed Skyward Sword and OoT3D, so I’m REALLY looking forward to this. I grew up on N64, but now I don’t mind missing the GameCube era. Just like Iwata said, it’s new to me.You should. Gamecube was a gem for the right people.