redevelopment

[ree-di-vel-uhp-muhnt]

noun

1. the act or process of redeveloping.

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

Word History and Origins

Origin of redevelopment¹

First recorded in 1870–75; re- + development

Example Sentences

“This project will be transformative for downtown, and I truly believe the catalyst for future investment and redevelopment,” she said.

From Los Angeles Times

That involves an extensive redevelopment and constructing a new lake.

From BBC

But after the Navy closed the San Diego training center in 1997, it sat empty and deteriorating, facing threats of demolition or commercial redevelopment.

From Los Angeles Times

The next phase would see the redevelopment of the area where the Stringfellows live, a stone's throw from the shiny new crossing.

From BBC

Earlier this year, Centrica's boss Chris O'Shea had warned that it might have to shut down Rough if the government did not step in to help with the redevelopment of the facility.

From BBC