Star Trek XI
starts in the "present day" world of Star Trek
As reported by New Film Dimension, Abrams spoke briefly about Star Trek XI. "It [Star Trek XI] looks at the core characters from Star Trek, so it serves as a prequel, but it's also more than that."
Sources have told TrekMovie.com that Star Trek XI is not just a prequel but a sequel as well. The film supposedly begins in the timeframe just past Star Trek: Nemesis, which is where one would find the older Spock played by Leonard Nimoy. Spock was last seen in Star Trek: The Next Generation: Unification on Romulus, about eleven years before the events of Star Trek: Nemesis, where he was working towards the goal of Vulcan-Romulan reunification.
The film will delve into the origins of Spock (Zachary Quinto as the young Spock), Kirk and other original series crewmembers, going back to the 2200s. Kirk was born in 2233 and Star Trek: Nemesis took place in 2379, so Spock may be going back in time almost one-hundred and fifty years.
To read more, head to the article located here and here.