Developers say they could not meet the requirements by mortgage companies because not enough people were buying the 679 condos at Vantage Pointe located on A street downtown.
Construction was finished on the building last year.
Right now, about 200 people rent units. About a dozen of them were buyers waiting for sales contracts to be finalized.
Vantage Pointe condos will continue renting units for now. It's not clear if the units will go up for sale again in the future.