v. To convert a neighbourhood by demolishing old buildings and building new ones, or by renovating existing ones
the GNU version of the Collaborative International Dictionary of English
v. To develop again
v. to rebuild an urban area, usually commercial but sometimes residential; -- typically involving some portion of government involvement and expenditure.
The Century Dictionary and Cyclopedia
To develop again.
To develop again or a second time; specifically, in photography, to intensify by a second developing process.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
v. develop for a second time, in order to improve the contrast, colour, etc., of a negative or print
v. formulate or develop again, of an improved theory or hypothesis
v. change the plans for the use of (land)
Word Usage
"Though Dillon hopes to increase density, vibrancy and walkability, a main reason the town wants to redevelop is to give itself a new identity."