redevelopment company

American  

noun

1. a private corporation or a public agency that stimulates the improvement of land, as through a building project subject to certain designs and controls, by financing, selling, or leasing such real estate to interested buyers or lessees.

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Example Sentences

Northgate González Real Estate partnered with urban redevelopment company Red Oak Investments for the project that will bring apartments and 11,361 square feet of commercial retail space to the former Northgate location.

From Los Angeles Times

However, the redevelopment company Urban Splash spent £11m restoring its original features, including the grand staircase.

From BBC

Compensation is offered in the form of shares in the redevelopment company, but aid agencies suggest few original occupants will be able to afford the additional cost of new housing within such projects and might come under pressure to sell their property at low prices.

From Reuters

The commission would pay $8 million to a redevelopment company for the site.

From Washington Times

State officials say a redevelopment company is taking over the 700-acre site in Lawrenceburg from Indiana Michigan Power Co.

From Washington Times