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It had a rotating observation tower, but has seen a diminishing number of visitors and has lacked investment.
BBC: Rhyl Skytower may still have a future but not as a ride
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The observation tower, the 115m (377ft) ArcelorMittal Orbit, expects to attract up to a million visitors a year.
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It found that the "weather has taken its toll" on the rotating observation tower which stands on the seafront.
BBC: Rhyl Skytower future in doubt over ?400,000 repair bill
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The Cupola is an observation tower that will be used to control robots working on the exterior of the platform.
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"In the instance of the Linked Hybrids, this experience seems more like being in an observation tower, and less like being in the middle of a bustling, alive, exciting city, " he says.
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The ArcelorMittal Orbit, conceived by sculptor Anish Kapoor and engineer Cecil Balmond, is a competition-winning 377-foot observation tower largely funded by Britain's richest man, steel magnate Lakshmi Mittal, at the behest of London Mayor Boris Johnson.
WSJ: London Olympics 2012 | These Knock-Down, Shrinkable Games | By Hugh Pearman
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All equipment associated with the ride, such as the observation gondola, would be removed but the main tower structure would remain.
BBC: Rhyl Skytower may still have a future but not as a ride