redevelopment

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

noun

the act or process of redeveloping.
an often publicly financed rebuilding of an urban residential or commercial section in decline.

Origin of redevelopment

First recorded in 1870–75; re- + development

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

Examples from the Web for redevelopment

Contemporary Examples of 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
The Redevelopment Authority owns 1,500 lots, most of which are for sale.
Philadelphia Wants its Eyesore Back
Megan McArdle
September 20, 2012
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
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

Historical Examples of redevelopment

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

Word Origin and History for redevelopment

n.

also re-development, 1830, from re- + development.

Online Etymology Dictionary, © 2010 Douglas Harper