The project would have cost $80-90 million to build and another $3.25 million annually to operate, according to a study, the findings of which were released in November.

“Given our identified and pressing transportation needs, along with some ongoing concerns about the long-term value of the gondola, the Board is not in favor of any further funding of the gondola project,” Arlington County Board Chair Jay Fisette said in a letter to the Gondola Study executive committee.