Developer Urban Solutions has shelved plans to build a 32-storey skyscraper in the Welsh city of Cardiff, UK, due to years of delays and the onset of the global economic crisis.
The planned £50m ($73m) glass needle skyscraper would have been 323ft in height and housed more than 100 luxury apartments.
The developer has submitted an alternative proposal to Cardiff Council to build two hotels on the site.
The buildings will have white metal cladding, and each will have 100 car-parking spaces, according to walesonline.co.uk.
One will be a 214-room, three-star full-service hotel, and the other a 150-room, two or three-star reduced-service hotel.