A 108-unit condo tower planned for a section of Boylston Street near the Hynes Convention Center won’t be pursued by the developer.

In a statement provided to the Boston Business Journal, Boston-based Weiner Ventures said “a combination of factors” led it to abandon the project.

Weiner Ventures was selected by MassDOT to build the air rights project on MassDOT parcel 15, located at Boylston Street and Massachusetts Avenue.

The Boston Planning and Development Agency approved the project in May 2018. It includes four parcels on Boylston, Dalton and St. Cecila streets, including two air rights parcels above the Massachusetts Turnpike.

Designs by Elkus Manfredi Architects called for 45,500 square feet of retail and restaurant space on the first and second floors of the podium section of the tower, a 175-space parking garage on the third and fourth stories, and a fifth-floor resident terrace.

MassDOT spokesman Jacquelyn Goddard declined to comment on the agency’s future plans for the site.

Weiner Ventures’ interest in the parcel dates back to 2008, when state transportation officials began the latest round of attempts to sell air rights above the turnpike. The firm that year acquired a vacant, 11,187-square-foot parcel on St. Cecilia street that abuts parcel 15.

The site also includes parcels owned by Prudential Insurance, MassDOT and the city of Boston.

Weiner Ventures had partnered with Samuels & Assoc. In 2016 on a larger project to develop both parcels 12 and 15 before splitting up the two projects.

Samuels & Assoc. received approval for an office and hotel-residential tower on parcel 12 last Thursday.