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.

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Etymology

Origin of redevelopment

First recorded in 1870–75; re- + development

Example Sentences

It is understood to be in urgent need of redevelopment as it is considered by diplomats to be unsuitable for modern needs .

From BBC

Also included in the draft budget is an inflationary uplift of some £52.4m for the redevelopment of Casement Park as well as an uplift for sub-regional football stadia, also in line with inflation.

From BBC

Duran, the Colorado architect trying to fix up the old hospital, is among those who have run into unexpected hurdles on the road to redevelopment.

From Los Angeles Times

Also revealed in the files were the ambitious and ultimately abandoned plans for a wholesale redevelopment of Downing Street under Blair.

From BBC

It also sets out how redevelopment and reform might create "a credible pathway to Palestinian self-determination and statehood".

From BBC