A three-phase development for the 23rd Street Armory is proposed by Chuck Wiggin who would turn the landmark into housing, a fitness center and retail with restaurants and offices to occupy the surrounding property. [Rendering by TAP Architecture]

The historic 23rd Street Armory is being eyed for affordable housing, retail and offices by developer Chuck Wiggin while Coop Ale Works is proposing to convert the landmark into a combined brewery, hotel and event center, with the remaining property to be turned into restaurants and retail.

The two competing proposals submitted to the Office of Management and Enterprise Services are set for a quick committee review with a recommendation to be made within one month.

Shelley Zumwalt, spokeswoman for the agency, said the committee will weigh not just the purchase offers, but financial ability to pull off the projects, planned preservation of the main building and the overall plan and likelihood of completion.

“They will make a recommendation to OMES,” Zumwalt said. “We will enter into negotiations with the entity recommended, and we are hoping to have everything done and ready to go by summer. It is an aggressive timeline.”