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The University of California regents have declined a request from San Francisco mayor London Breed to install a new campus in downtown San Francisco, according to the San Francisco Chronicle. The regents said the project would be too expensive.

“Given the outlook for state appropriations and the financial capacity of our campuses, the university is not considering establishing any new campuses or other new facilities in the City of San Francisco at this time,” a system spokesperson told the Chronicle.

A spokesperson for Breed told the newspaper that although the new campus was not moving forward at this time, the regents “expressed interest in continuing the conversations in the future.”

The mayor made the request in a letter last year outlining several proposals for revitalizing the city’s downtown. She has also floated the idea of opening a satellite campus of a historically Black college in downtown San Francisco.