This thread is proof that I’m old and out of touch - so many names I don’t recognize at all! All I can offer is a vague “recast with K-Pop” and that just comes to mind because my granddaughter is obsessed so I’ve seen more of that than any geezer deserves!
Now, if you want to recast with stars from the 30s and 40, well, that’s another thread entirely.
Whoever is cast as Riff Raff has to be able to write a new song or two, just so the remake seems fresh. Perhaps Lin-Manuel Miranda? (the only contemporary stage musical writer I’m familiar with).
I’d be worried that if Rocky is a female, then you’re remaking Weird Science, not Rocky Horror.
I think gender is so fluid in Rocky Horror, that you could cast anyone in any role and make it work. The important thing to me is to maintain the queer relationships, and not make everyone straight, just with a bit of kink. Though if Frank-N-Furter where also a woman, then the corset and fish nets would have to be replaced with something similarly male coded.
I do think that no matter what the gender of the characters, the song should stay I Can Make You a Man.