The British Film Institute.

British Film Institute Scraps Plans for New National Film and Television Center

The British Film Institute has announced that it will not move forward with its plans to build a $177 million national film and television center on the south bank of the Thames in London, Mark Brown reports in The Guardian. The project had been ten years in the making.

The film institute cited concerns over Brexit as reason for its decision. “Due to the project’s ambitious scale and complexity, a turbulent economic climate and shifting political environment, meeting this deadline was not possible,” a spokesperson said.

German architect Ole Scheeren was tapped to design the center, which the institute hoped to open in 2022. It will now shift its focus to the refurbishment of its existing building.