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redevelopment

[ree-di-vel-uh p-muh nt] /ˌri dɪˈvɛl əp mənt/
noun
1.
the act or process of redeveloping.
2.
an often publicly financed rebuilding of an urban residential or commercial section in decline.
Origin of redevelopment
1870-1875
1870-75; re- + development
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Word Origin and History for redevelopment
n.

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

Online Etymology Dictionary, © 2010 Douglas Harper
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