It looks like the renderings won’t turn into reality at the public market in Federal Hill. The developer who signed on to helm the overhaul of Cross Street Market pulled out of the deal on Wednesday.

According to the Baltimore Public Markets Corporation, Caves Valley Partners request to terminate the agreement after a “divergence of opinions on the future vision of the market.” The decision is effective March 1, giving BPMC time to reassign employees back to the market.

CVP announced the deal in November to oversee the $6.5 million redevelopment, and manage the market once it was complete. The firm also said it would contribute $4.5 million to the project, and pay the city $120,000 a year to operate it.

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