Basic Instinct 3 πͺπͺπͺ
Various SF and Horror series are ignoring bad sequels/reboots and going back to the original film(s) making a direct sequel and bringing back the original actors - the new Halloween, Terminator 6 is attempting it again (after T5 tried but didn't work), Alien 5 (aka Aliens '2') might still happen, same with King Conan, and now theres news that a direct sequel to Verhovans Robocop will happen (ignoring the sequels and reboot).. so they should do a BI3 and not be deterred by the failure of BI2..(another BI would be especially timely with female lead movies being all the rage now)
one of the problems with BI2 was no Michael Douglas, also no established director, and maybe the London setting (see here for some reasons why BI2 didn't work - https://moviechat.org/tt0430912/Basic-Instinct-2/58c7c208f9fcca09a0dc6be4/Reasons-why-Basic-Instinct-2-did-not-work).. so bring MD back, get a big name director (Verhovan again or maybe Cronenberg as he almost did BI2), and set it in Hitchcocks San Fran again or at least NYC or LA.
As for the story, do it more in the vein of the Hannibal films and have new characters with the originals (like new SW) - e.g. a copycat killer (Amber Heard or Margot Robbie) is murdering guys like Catherine Tramell was doing 25years ago (with the same ice pick). Nick 'Shooter' Curran (Michael Douglas) reluctantly has to come out of retirement to aid the inept corrupt detective in charge of the case (Wahlberg or Butler) but to stop her he'll need the help of Tramell who disappered 15 years ago .. and who harbours a dark secret that may or may not be connected to the current events..(and who isn't quite ready to retire her ice pick just yet..)βοΈβοΈ