The developer of a proposed $60 million downtown Tacoma office and retail complex are confident it will have enough lease commitments to begin construction early next year.

The development, announced late last year as Pacific Renaissance Plaza, is now called Pacific Steps. It includes two 220,000-sf, 11-story buildings, each with and as much as 40,000 square feet of retail space.

Only a few tenants so far have agreed to locate shops in the development – too few to guarantee it will be built. Colliers, a commercial real estate brokerage, is one of the committed tenants.

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