BROOKLINE — Could two separate developments that mix a hotel, residences, and restaurants survive just over 1,000 feet apart in Coolidge Corner?

Developers for both projects — one proposed for the current Holiday Inn at 1200 Beacon St. and the other intended for Waldo Street — will work with a special town committee to hammer out the details of the projects, Neil Wishinsky, chairman of the Board of Selectman, said Monday night. The town will also hire a financial consultant to study them.

“We really push the developers as far as we can, and then we make a judgment,’’ Wishinsky said.

The fall 2017 Town Meeting would have to approve any zoning changes before either project could be built, he said.

Boston developer Joseph Fallon is working with a private equity firm, Westbrook Partners, to convert 1200 Beacon St. into a mixed-use development that would offer a 14-story, 390-room hotel, plus a 10-story, 155-unit apartment building.

The project would also include space for restaurants and retail use, according to a presentation Fallon made Monday night to selectmen and other town officials. The proposal also includes 250 parking spaces.

Westbrook purchased the Beacon Street property in August for $74 million. The existing six-story building contains 225 hotel rooms, and there are 138 parking spots.

Brookline developer Edward Zuker also seeks to build a hotel, residential, and restaurant development, on Waldo Street, but hasn’t released specifics on his proposal.

Late last year, Zuker’s Chestnut Hill Realty proposed a 21-story residential tower at 8-10 Waldo St. that would offer 320 apartments under Chapter 40B, the state’s affordable housing law.

The new proposal, for a hotel, restaurants, and residences, would replace the proposed 21-story apartment tower, which has been criticized by selectmen for its size and number of units.

Project consultant Joseph Geller said Monday that Chestnut Hill Realty will file the Chapter 40B proposal for the apartment tower with state officials, but then put it “on hold’’ while they discuss Zuker’s alternative plan for the site.

Andy Martineau, the town’s economic development planner, said the town would hire a financial analyst to vet the economic viability of both projects, which should be completed in the late spring or summer. He expects that Chestnut Hill Realty’s previous proposal for the apartment tower to be a factor in the mixed-use hotel project.

“It’s certainly a variable for the town to consider as they engage with the developer on an alternative proposal,’’ Martineau said.

While Martineau said town officials have pressed Zuker for details on the size of his proposed mixed-use hotel project, some residents who attended a public presentation Monday criticized the developer for not offering specifics.

The lack of detail was “really insulting,’’ said Maura Toomey of Crowninshield Road, who criticized Zuker’s presentation as “kind of a guessing game.’’

“We just want the facts; we want them to be honest and open with us,’’ Toomey said.

Pam Lodish of Seaver Street also criticized Zuker for not being clear about what he intended to build. Lodish and Toomey said they felt more comfortable with Fallon’s proposal for Beacon Street, because more details were offered and the project appeared to fit with the neighborhood.

“It’s not so different than what’s there . . . it’s not in the middle of so many residential things,’’ Lodish said.

Margaret Murphy, a spokeswoman for Chestnut Hill Realty, said the developer is still researching options for its hotel project, and she expects additional information when the town’s review committee meets Jan. 30.

“This is a long process with many community meetings,’’ Murphy said in a statement to the Globe. “Chestnut Hill Realty needed to better understand the Fallon hotel proposal before we could determine our program.’’

Lisbeth Shaw of Beacon Street said both developers should work closely with residents to include their ideas.

“People would be more likely to step up and support it,’’ said Shaw, who hoped public space would be included in both projects. “It means an easier process for the developer in the end.’’

Developers have been on something of a hotel building spree in Brookline, including in Cleveland Circle, where construction began last spring for a mixed-use hotel and retail space at the former Circle Cinema site. In August, developer Claremont Cos. reopened a formerly unused property at 111 Boylston St. as a hotel, and Town Meeting in the fall approved zoning changes that would allow Claremont to build a hotel at 25 Washington St.

John Hilliard can be reached at john.hilliard@globe.com.