The game was listed for a July 11 release on Xbox Live Marketplace.
The listing was subsequently pulled, before a source told Eurogamer that it would be available as part of the annual promotion alongside Kinect title Wreckateer.
Announced at last year's Spike Video Game Awards, the new title will take levels from the first two Tony Hawk's Pro Skater games and render them in high definition.
The game will feature a range of professional skaters, including Eric Koston, Andrew Reynolds, Rodney Mullen, Lyn-z Adams Hawkins (Pastrana), Nyjah Huston, Chris Cole and Riley Hawk, as well as Tony himself.
Robomodo will develop the game with standard controller support in mind. Recent entries in the series have used motion peripherals, which received a lukewarm reception from critics.
The game will feature downloadable levels from Tony Hawk 3.
To help with level selection, the studio has reached out to fans asking for requests. Tony Hawk himself will make the final judgement on which levels to include.
Screenshot gallery - view images of Tony Hawk's Pro Skater HD below: