The 12 include Slough Estates, Danish firm Foreign Property APS, Persimmon, St George, Wimpey, regeneration specialist Urban Catalyst, Amec and London & Amsterdam.
The aim of the project is to create a new urban centre for the borough. The 16 ha site already contains the Surrey Quays shopping centre, and more than half the site is jointly owned by Tesco and Slough Estates.
Other landowners are Foreign Property, which has two sports retail warehouses, and Southwark council.
Two of the bidders have commissioned architects to work on possible schemes. Hodder Associate is drawing up a masterplan for the whole site for Foreign Property, and Fitzroy Robinson has for two years been working on a mixed-use extension of the Surrey Quays shopping centre.
This was bought by a Slough Estates/Tesco joint venture in 1989.
Amec had plans for the site but they failed after a deal to buy Foreign Property's share of the site fell through last year.
We want to create a new town centre for that peninsula. What form it will take is difficult to say
Stephen Platts, Southwark council
Southwark council, which owns 2.6 ha, said it wanted to create an urban quarter. Development and regeneration manager Stephen Platts said: "We want to create a new town centre for that peninsular. What form it will take is difficult to say."
Platts said the council would be producing its own supplementary planning guidance for the area while deciding on which developer would take the project forward.
He said the brief would highlight difficulties surrounding the site, such as land issues and nearby development plans.
A developer is expected to be picked by the end of 2002 and the council is hoping to put forward an outline planning application for the scheme in mid-2003.
Southwark council said it would be liaising closely with the Canada Water community on the project.
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