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redevelopment

American  
[ree-di-vel-uhp-muhnt] / ˌri dɪˈvɛl əp mənt /

noun

  1. the act or process of redeveloping.

  2. an often publicly financed rebuilding of an urban residential or commercial section in decline.


Etymology

Origin of redevelopment

First recorded in 1870–75; re- + development

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Llŷr Wyn Williams, 26 and from Abersoch, works for his dad's construction business and said the construction sector had been "hit the hardest" following a decrease in demand for property redevelopment.

From BBC • Mar. 23, 2026

The redevelopment plan, valued at $700 million in 2016, underwent years of environmental review and public outreach with neighbors and local business owners.

From Los Angeles Times • Mar. 5, 2026

Plans for a $2 billion redevelopment have been floated but never executed.

From The Wall Street Journal • Mar. 5, 2026

The property is ideal for those “looking to create their dream home” or investors seeking a “lucrative redevelopment project,” the listing notes.

From MarketWatch • Feb. 5, 2026

Archaeologists today must learn what they can when some parcel of land is briefly exposed by redevelopment.

From "Circumference" by Nicholas Nicastro