from
The Collaborative International Dictionary of English v.0.48
Redevelopment \Re`de*vel"op*ment\, n.
the rebuilding of an urban area, usually a commercial
district but sometimes residential or industrial, and
typically involving some portion of government involvement
and expenditure; to organize a municipal redevelopment
agency.
[PJC]
from
The Collaborative International Dictionary of English v.0.48
Redevelop \Re`de*vel"op\, v. t. & i.
1. To develop again; specif. (Photog.), to intensify (a
developed image), as by bleaching with mercuric chloride
and subsequently subjecting anew to a developing agent.
[1913 Webster]
2. to rebuild an urban area, usually commercial but sometimes
residential; -- typically involving some portion of
government involvement and expenditure.
[PJC] -- {Re`de*vel"op*er}, n. -- {Re`de*vel"op*ment}, n.
[Webster 1913 Suppl.]