redevelopment

[ ree-di-vel-uh p-muh nt ]

/ ˌri dɪˈvɛl əp mənt /

|

noun

the act or process of redeveloping.

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

Nearby words

redemptorist, redemptory, redeploy, redesign, redevelop, redevelopment, redevelopment area, redevelopment company, redeye, redfield, redfin

Origin of redevelopment

First recorded in 1870–75; re- + development

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for redevelopment

The second project—for a redevelopment property in the Shaw neighborhood—raised $250,000 in a week among just 14 investors.
Fundrise Crowdsources Real Estate Developments in Washington, D.C.|Miranda Green|June 27, 2013|DAILY BEAST
The Redevelopment Authority owns 1,500 lots, most of which are for sale.
Philadelphia Wants its Eyesore Back|Megan McArdle|September 20, 2012|DAILY BEAST
Fortunately, saner heads prevailed, and the apathetic pace of Manhattan redevelopment would have prevented it in any case.
Ground Zero's Politics Are Over|Michael Tomasky|May 5, 2011|DAILY BEAST
He and two classmates from Hamburg had a grant to study and critique a redevelopment project in Old Cairo.
Mohammed Atta and the Egypt Revolution|Terry McDermott|February 14, 2011|DAILY BEAST

With plants I do not know whether the redevelopment of rudimentary organs occurs more frequently under culture than under nature.
The Variation of Animals and Plants Under Domestication, Volume II (of 2)|Charles Darwin