GRAND RAPIDS, MI - A development firm has nixed its plans for a $30 million office tower planned for the Studio Park development in downtown Grand Rapids.

Franklin Partners, which has offices in Grand Rapids and Chicago, said it wasn't able to secure enough tenants for the project.

"Our efforts in downtown Grand Rapids to attract one of the large employers to a true Class-A building, with great highway exposure and amenity rich environment did not gain traction," the firm said in a statement. "We continue to believe in the great future of Downtown Grand Rapids and we look forward to continuing to be an active part of the community."

The tower was expected to be up to seven stories tall, with between 30,000- and 90,000-square-feet of space.

Studio Park is a $140 million movie, housing, hotel and parking development south of the Van Andel Arena that is under construction now and is scheduled to open by fall 2019.

The proposed office tower was part of the project's second phase.

Olsen Loeks Development is the firm behind the Studio Park Development. J.D. Loeks is president of Celebration! Cinema, the company that will operate the movie theater and some of the other properties included in the development.

Emily Loeks, the company's spokesperson, said developers still believe there is an opportunity for office space on the site, and that they're exploring other options.

She said the announcement does not impact the first phase of the project.

"We are proceeding as planned," Loeks said. "We've had a lot of changes that we have weathered and moved through in a positive way."