redevelopment

Meanings

nounredevelopment (countable and uncountable, plural redevelopments)

countableuncountableThe process of developing something anew.
the redevelopment of the hero's character in a comic book
countableuncountableThe demolition of old, redundant or unfashionable buildings or infrastructure and the construction of new ones on the same site.
HS2 Minister Andrew Stephenson added: "This station will not only benefit the local community by enabling the comprehensive redevelopment of the area, but will serve as a transport superhub acting as a gateway to the Midlands and the North."
2022 March 23, Stefanie Foster, “Updated designs unveiled for HS2's Euston station”, in RAIL, number 953, page 23
1 more example
The government of New Zealand is looking for a crew to lead the redevelopment of its research headquarters in Antarctica. Built in the 1980s, the country’s Scott Base consists of 12 structures that officials want replaced by three large, interconnected buildings, plus a separate helicopter hangar.
2019 September 26, Gianluca Mezzofiore, “Wanted: A design team for a building project at Earth’s most remote location – Antarctica”, in CNN, archived from the original on 05 Jun 2020