In a blog post Hajime Tabata confirmed Final Fantasy XV will be coming out in 2016. Here’s the post below:

Happy New Year!

We will finally release FFXV this year, in 2016! In development, previous phases required wisdom and strength. However, moving forward the final phase will focus on effort and willpower.

I vow to you all that every member in the team will do their best to the very last possible moment taking responsibility and pride in their craft.

We will do everything we can do to finish FFXV to create an experience we are incredibly proud of and one that you will enjoy and treasure.

The whole FFXV team appreciates all of the support from each and everyone one of you this past year.
I cannot tell you how much it means to all of us.

We’d like to celebrate a wonderful New Year and as we approach the release of FFXV, I’d like to enjoy that moment with you all.

Director of FFXV  Hajime Tabata

Unfortunately there’s not official release date, but rumors have been spreading that it may be in the summer. Regardless it’s a great way to to start off the year knowing the wait isn’t much longer!