DALLAS (CBSDFW.COM) – The company hoping to build a Ferris wheel-type attraction in Dallas has decided to “reassess” their proposal.

Initially, Great City Attractions had plans to build the “Dallas Wheel” in Founders Plaza, near a number of Dallas historic landmarks including — the JFK Memorial, Dealey Plaza, and the Old Red Courthouse.

The observation wheel would have also been near the memorial that commemorates the 19 Dallas County sheriff’s deputies who’ve lost their lives in the line of duty.

The company said it considered the views of organizations and individuals and decided to “work with the City of Dallas to find a suitable alternative location”.

The proposed observation wheel would stand 17-stories high and include an air-conditioned, rotating gondola.