redevelopment

noun

re·de·vel·op·ment ˌrē-di-ˈve-ləp-mənt

: the act or process of redeveloping

especially : renovation of a blighted area

urban redevelopment

Examples of redevelopment in a Sentence

Recent Examples on the Web

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At the time Lane Partners bought the East Arques Avenue campus, commercial real estate experts had suggested the site was a prime location for redevelopment as a modern tech campus. —

George Avalos, The Mercury News, 18 Jan. 2025 The change to the redevelopment agreement for the restaurant, which was approved without discussion as a part of the Tuesday meeting’s consent agenda, pushes the grand opening date from March 2025 to June 2025 at the latest. —

R. Christian Smith, Chicago Tribune, 16 Jan. 2025 Members of the business community have floated several possibilities for redevelopment that could fill some of the city’s needs for hospitality or housing. —

Annika Merrilees, Sacramento Bee, 14 Jan. 2025 Kelly’s company has a loan on the property that Kelly said will mature this summer, after which point additional financing would need to be secured for the redevelopment. —

Rose Evans, Idaho Statesman, 12 Jan. 2025 See all Example Sentences for redevelopment