Longman Dictionary of Contemporary English homepage

redevelop

 verb
     
Related topics: Business, Building
re‧de‧vel‧op [transitive]
BTB to make an area more modern by putting in new buildings or changing or repairing the old ones:
The old docks are being redeveloped as a business park.
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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