Lawyer Benjamin Reznik sent a letter Thursday to the Los Angeles Planning Department saying his client, Prince Abdulaziz ibn Abdullah ibn Abdulaziz al Saud, is withdrawing his application and "is in the process of re-evaluating aspects of this project," the Los Angeles Times reported Friday.
Reznik said the price "has taken into consideration concerns raised by neighbors" about the mega-mansion. He said his client will submit plans for a smaller project within the coming weeks.
The complex was to have included a 42,000-square-foot mega-mansion as well as a 27,000-square-foot "son's residence" and other structures.
Celebrity Couples of 2014 [PHOTOS]