The lawless port
Bloodstone is a port town in Albion. It first appeared in Fable 2 as a pirate haven. In this reboot, it is overrun by two warring factions and operates mostly outside the law. It sits at the opposite end of the social spectrum from Bowerstone.
Layout
Confirmed areas within Bloodstone (from leaked map data and official footage):
A market district for buying and selling goods
An arena for fighting for money and reputation
An artisan area
"Pub Island"
A dungeon
A sewer system beneath the town
The Cult of Shadows
The Cult of Shadows operates in Bloodstone. They appear to be a major antagonistic force in the story. Their leader has not been revealed. The cult's connection to the petrification of Briar Hill and the mysteries of the Heroes' Guild has not been spelled out publicly.
Two warring factions
Beyond the Cult of Shadows, two gangs vie for control of Bloodstone. How the player interacts with these factions (join one, fight both, play them against each other) has not been confirmed. Given the game's emphasis on player choice and consequences, faction dynamics are likely tied to your local reputation.
Concept art
Pre-release concept art leaks showed Bloodstone in detail, including the sewer system. One piece showed a "Hamlet" area in two states: before and after a flood, which may reflect how player choices alter the physical layout of locations.