[ ree-di-vel-uh p-muh nt ]
/ ˌri dɪˈvɛl əp mənt /


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

Examples from the Web for redevelopment