Artist Tracey Emin is one of six artists to have been shortlisted to propose a sculpture for the fourth plinth in London's Trafalgar Square.
Emin represented Britain at the Venice Biennale art show in June
Antony Gormley, the artist behind the Angel of the North, and Turner Prize-nominated Yinka Shonibare are also in the running.
The contenders have been commissioned to produce a scale model of their idea.
The successful proposal will be announced next year and the new work unveiled in 2009.
The other shortlisted artists are Turner Prize-winner Jeremy Deller, Anish Kapoor, and Bob and Roberta Smith - the professional name of Patrick Brill.
Previous works on the plinth have included a Christ-like figure by Mark Wallinger and Rachel Whiteread's inverted cast of the plinth itself.
Thomas Schutte's Model for a Hotel 2007 is the latest creation to occupy the north-west corner spot.
Thomas Schutte's Model for a Hotel 2007 was unveiled this month
The sculpture is made from layers of coloured glass said to "collect and reflect the light... like a bright jewel".
It replaced Marc Quinn's Alison Lapper Pregnant earlier in November and will be in place for 18 months.
The so-called fourth plinth was intended for a statue of King William IV, but a lack of funds meant it remained empty.
Experts gave up trying to find a permanent fixture for it in the early 1990s, because no-one could agree on what was appropriate.
In 2003, London Mayor Ken Livingstone backed proposals for the plinth to be used as an ever-changing display for artworks.