The EA Play Label of Electronic Arts has announced it is developing Monopoly Streets for the Nintendo Wii, Xbox 360, and PlayStation 3, scheduled for a fall release.

For the first time ever, players will experience Monopoly as a fully dynamic, living, 3D world that continuously evolves with the game action. Additionally, Monopoly Streets will feature online multiplayer and unique downloadable content for Xbox360 and PlayStation 3 players around the world.

Hasbro’s classic Monopoly will also be available on the Nintendo DS in conjunction with the release of Monopoly Streets.