From a Port of Portland news release:

A lengthy and complex process to annex West Hayden Island for a future marine terminal, habitat preservation and recreational amenities came to an end this week when the Port briefed its Commission and informed Portland Mayor Charlie Hales that it is formally withdrawing its consent to annex the property into the City of Portland.

“The terms under which annexation has been proposed by the City would simply render a future development on the property impossible,” said Bill Wyatt, executive director for the Port of Portland. “We understand from the Mayor that Portland City Council is unwilling to take action to modify these proposals at this time, so we cannot justify the investment of more time and money into the process.”

Read the rest of the news release here