Maybe, as mentioned in #2245, we could rename "Project -> New..." to "Project -> New from folder..." so it's clear what the initial directory selection dialog is.
I am against *renaming* and changing the behavior of the existing menu item. Users should *not* be *required* to select the folder first. There are cases where the folder may not be known at the time of project creation (eg, has not been cloned from git yet).
I suggested *adding* a new menu item [earlier](https://github.com/geany/geany/pull/3018#issuecomment-979032679).