Fort Lauderdale commissioners torpedoed the Arts Park project Tuesday, citing concerns over the developer’s ability to find the millions needed to build a concert venue and food hall on city-owned land.

The $140 million project, slated for 3.3 acres of city-owned land in downtown’s trendy Flagler Village, never broke ground despite winning commission approval more than three years ago.

Commissioner Steve Glassman championed the project from the start, but on Tuesday told his colleagues he was ready to pull the plug after developer Jeff John and his partners failed to come forward with a $250,000 “good-faith” payment as promised.

“I am asking at this point in time that we consider a termination,” Glassman said. “There comes a point in time where you have to have a trust factor , and

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