PORTLAND, Ore. (KOIN) — Plans to redevelop a prime piece of waterfront real estate in Northwest are still stalled despite many who want it to happen.

The Pearl District Neighborhood Association hosted a meeting to talk about the Centennial Mills project on Thursday.

Jordan Schnitzer, January 21 2016. (KOIN)

The Portland Development Commission dropped the project in November, saying it was too expensive.

Jordan Schnitzer of Harsch Investment Properties says his company had several good ideas but the city didn’t seem interested.

“I think we did a heck of a job but for some reason it doesn’t seem to be the passion on PDC’s part to serve the public,” Schnitzer says.

The project has seen a number of setbacks. A plan to redevelop Centennial Mills back in 2011 was scrapped and eventually ended up in a $200,000 lawsuit that the city had to pay out.