By Paul Kurtz

PHILADELPHIA (CBS) — The Fallen Heroes Fund has taken a major step forward in its effort to build a new memorial for  Philadelphia firefighters and police officers who have died in the line of duty.

READ MORE: Missing 6-Year-Old Found Safe, Stolen Vehicle Found In Checkers Parking Lot, Police Say

A  competition that began in September has ended with the announcement that a design by a Philadelphia-based architectural firm will be used to build the new memorial in Franklin Square.

Tim McShea, vice president of firefighters’ union Local 22, can’t wait to see it.  He says the Living Flame, erected in 1976, was not a fitting memorial.

“It was decrepit,” he tells KYW Newsradio.  “There were rats running around, and the park was vacant and empty.  A lot of our flowers were being sold by the homeless.”

(The previous police and fire memorial in Franklin Square. File photo)

The new site will be  located on the Sixth Street side of the square, opposite the Benjamin Franklin Bridge approach.

READ MORE: US Surgeon General Warns About 'Devastating' Mental Health Problems On Rise Among America's Youth

Eric Oskey, a member of the winning team, Moto Designshop, says it  will be made of granite, marble, and steel, and will feature markers with the names of the fallen.

Moto Designshop team members Roman Torres, Adam Montalbano, Eric Oskey. Credit: Paul Kurtz)

The centerpiece, says Oskey,  will be an abstract symbolic badge with a black stone “ribbon.”

“What you would have is the badge itself, which is heavy white marble, illuminated behind the black patch of stone.  So this is about a five-and-a-half, six-foot by six cube,” Oskey explains.

But they still need money to build the memorial.  That phase of the project begins in earnest on Sunday with the first fundraiser, which will be held on the Benjamin Franklin Parkway.  Anyone who wants to contribute can go to

MORE NEWS: Student With Weapon Prompted Lawrence High School To Enter Lockdown, Officials Say