Five competing developers have been whittled down to two in the hunt for a team to transform the current civic center site.
It’s prime real estate, 22 acres total in downtown Mobile.
NBC 15 News has learned both developers showed their visions in hours long presentations to the mayor and a selection committee last Thursday.
The mayor’s office says non-disclosure agreements were signed.
So, details of the proposals are not being made public.
The names of the people serving on the selection committee are also not being made public, but we're told the committee includes both city workers and outside citizens.
This will be a public-private partnership. The city provides the land.
Private developers put up the cash and build the site. It's going to be a mix that could include places to live and shop.
Plus, there will be entertainment draws.. The mayor's office says whoever is selected, it's an exciting venture. And yes, it addresses Mardi Gras.
"There will be a Mardi Gras solution. The mayor has made that a priority, whichever way we go, there will be a plan for how we're going to do Mardi Gras," said George Talbot, City of Mobile Director of Communications.
The target date for a decision is as soon as possible. The city had follow-up questions for each of the developers.
By early April we should have an answer. But that doesn't mean dirt will start moving at the site.
There will be public input, and the proposal will have to go before the city council.