A partnership between Brookfield Properties, Boston-based New England Development and Pinehills Managing Partner Tony Green will lead the latest attempt to redevelop the 1,450-acre Southfield parcel.

The Southfield Redevelopment Authority on Wednesday unanimously picked the team over another finalist, a group including New Jersey developer Ridgewood Real Estate Partners, Houston-based Patrinely Group, Angelo Gordon & Co. and Pulte Homes.

The vote clears the way for the authority’s board of directors to begin negotiations on a master development agreement for the former South Weymouth Naval Air Station property.

In presentations to the board, the winning team cited Brookfield’s financial capacity including $200 billion in assets and a 40 million-square-foot development pipeline. Green led the permitting of the 3,065-unit Pinehills master-planned community in Plymouth. New England Development cited its experience reviving the 1.6 million-square-foot University Station project in Westwood, which stalled during the recession.

In its presentation, the Brookfield-NED team said the Southfield site needs to be rezoned for more housing density at Southfield’s Village District to offset infrastructure costs. The current reuse plan permits 2,855 housing units, and approximately 1,065 residences have been built since the air base closed in 1997.

But lenders have foreclosed upon future developable parcels amid financial struggles by the previous master developer, LStar. The board removed the Raleigh, North Carolian developer last year citing the firm’s lack of progress.

Commercial development has been slow to gain traction at the site off Route 18. The first potential office tenant, Dutch tech company Prodrive, withdrew plans for a 550,000-square-foot headquarters at Southfield in favor of a Canton location after a stalemate between LStar and Weymouth Mayor Robert Hedlund over a municipal water connection for the project.

“The current rezoning for an 8 million-square-foot new urban center is not feasible … given the market for commercial space on the South Shore and the site’s distance from existing highway transportation infrastructure,” developers wrote in their presentation to the board.