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redevelopment company

American  

noun

  1. a private corporation or a public agency that stimulates the improvement of land, as through a building project subject to certain designs and controls, by financing, selling, or leasing such real estate to interested buyers or lessees.

Example Sentences

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Northgate González Real Estate partnered with urban redevelopment company Red Oak Investments for the project that will bring apartments and 11,361 square feet of commercial retail space to the former Northgate location.

From Los Angeles Times • Feb. 27, 2024

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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