The president of production at Marvel Studios, Kevin Feige, who also produced Iron Man revealed Captain America is in the works.
"We'll have to play with Captain America as being a patriotic propoganda machine on one hand but also being a very human Steve Rogers, ... [an] interesting, fascinating hero in his own right," Feige told reporters on the set of Iron Man, which is in production in Playa Vista, Calif.
Fiege revealed that the story is a period piece with modern-day setting as well. It will likely be a PG-13 film. The writer David Self (Road to Perdition) is drafting the screenplay.
Feige also announced Marvel's future projects including: Sub-Mariner, Punisher 2, Thor, and Wolverine followed by the Magneto spinoff.