Colliers' 2020 Vision pegs Phoenix-area growth hot spots, an article from The Business Journal of Phoenix, shares key findings from a new report published by Colliers International. According to the report, key growth areas in the near future for commercial and mixed-use real estate are downtown Phoenix, the light rail corridor, downtown Mesa and the southwest and southeast areas. The areas in and around downtown Phoenix's bioscience community and along the 20-mile light rail system (from northwest Phoenix through downtown to Tempe and Mesa) are expected to experience the most immediate growth. There is more than $3 billion in public and private redevelopment projects currently underway in downtown Phoenix. Downtown Mesa is expected to see growth in the areas of back-office, industrial and education. "By 2010, a new downtown campus for Mesa Community College, in conjunction with NAU and Mesa Public Schools, will be well under way on 4 acres at the southeast corner of University and Mesa drives," according to the report.