redevelopment
UK: ˌriːdɪˈveləpmənt | US: ˌriːdɪˈveləpmənt
n. the process of improving or modernizing an area by rebuilding or repurposing existing structures
n. the act of developing something again or differently
The word "redevelopment" combines the prefix "re-" (from Latin, meaning "again"), the root "develop" (from Old French "desveloper," meaning "to unwrap or unfold," later evolving to mean "to improve or expand"), and the suffix "-ment" (from Latin "-mentum," indicating a resulting state or action). The term logically reflects the idea of "improving again" or "rebuilding," often used in urban planning contexts.
The city council approved a redevelopment plan for the old industrial district.
The redevelopment of the waterfront area attracted new businesses and tourists.
Critics argue that redevelopment often displaces long-time residents.
The abandoned factory underwent redevelopment into luxury apartments.
Sustainable redevelopment practices are essential for preserving community heritage.