downzone

or down-zone

[doun-zohn]
verb (used with object), down·zoned, down·zon·ing.
  1. to change the zoning designation on (property) to restrict high-density development.
verb (used without object), down·zoned, down·zon·ing.
  1. to downzone development.

Origin of downzone

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018