The short-list of developers consists of: EastBanc–LNRWaterfront Partners; Madison Marquette/KSI Waterfront Partners; PNHoffman/Streuver Brothers Eccles & Rouse; SW Waterfront LLC;and the John Buck Co. The Southwest Waterfront Small Area Plan,developed as part of the Anacostia Waterfront Initiative, calls forthe creation of an urban mixed-use neighborhood with residentialhousing, 14 acres of parks and open space and an expandedriverfront anchored by public plazas that provide access to thewater. For previous coverage, clickhere.

"We plan to move expeditiously to complete the selection processso that the transformation of the Southwest Waterfront can begin,"says Adrian Washington, president and CEO of AWC. It is anticipatedthat the final selection process will be completed by the end ofsummer.

Kurt Ivey, senior vice president of marketing and communicationsfor Madison Marquette, tells GlobeSt.com he believes the reason whyMadison Marquette's proposal made the cut is because its teamincluded companies expert in retail, hotel and culturaldevelopment. Madison Marquette's bid includes close to 300,000 sfof retail development, 87,000 sf of office development, 868,000 sfof residential, 360,000 sf of hotel and 150,000 sf of culturaldevelopment.