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

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

He called on ministers to provide immediate financial support for supply chain businesses, as well as protection for workers' pensions and a government-backed remediation and redevelopment plan for the site.

From BBC

The plan, developed with infrastructure company Bechtel, has a cost estimate of under £25 billion, not including the redevelopment of the airport's existing central area.

From BBC