Four designs have been shortlisted for the First World War memorial set to open in the gardens on the Victoria Embankment.
The designs include a large poppy, a quirky pointed monument, a circular memorial and a more traditional cenotaph.
Colonel Tim Richmond, the Vice Lord-Lieutenant of Nottinghamshire, is delighted with the project.
He said: “Some 14,000 people from Nottingham and Nottinghamshire made the ultimate sacrifice in World War One and to have this memorial which will bring together all their names as we commemorate the centenary of the end of that War will be a wonderful tribute to their memory.”
Nottinghamshire County Council and Nottingham City Council are commissioning the new monument, and are working with the seven district and borough councils, Gedling, Rushcliffe, Newark and Sherwood, Bassetlaw, Ashfield, Broxtowe and Mansfield.
A large sum of £30,000 still needs to be raised for the project, and local businesses and people from around the city are being encouraged to contribute and get involved.
Over 14,000 servicemen in Nottinghamshire lost their lives in the Great War, and Nottingham City Council leader and councillor Jon Collins is proud to have answered what the people of the city want.
He said: “Many people have asked about a dedicated roll of honour memorial and this monument presents an opportunity to permanently mark the centenary in a befitting and respectful manner.
“It is important to bring together a definitive list of those fallen and having a single memorial in place will create a focus for families and visitors that will allow them to reflect upon and commemorate their lives.”
The four designs have been designed by three different artists and will launch on Armed Forces Day on Saturday June 30, 2018.