redevelop

Verb (transitive)

re=de=vel=op

CIDE DICTIONARY

redevelop, v. t. & i.

To develop again; [1913 Webster]
to rebuild an urban area, usually commercial but sometimes residential; -- typically involving some portion of government involvement and expenditure. [PJC]

redevelop, v.tr. develop anew (esp. an urban area, with new buildings).

Derivative

redeveloper n. redevelopment n.

For further exploring for "redevelop" in Webster Dictionary Online

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