Redevelopment
/ˌriːdɪˈvɛləpmənt/
Definitions
- (n.) The process of improving or rebuilding an area, often involving land use planning and urban renewal under legal frameworks.
The redevelopment of the old industrial district required approval from the city planning commission.
- (n.) A statutory scheme or project undertaken to revitalize a designated area, typically subject to zoning laws and redevelopment agencies.
The local government enacted redevelopment laws to stimulate economic growth in blighted neighborhoods.
Forms
- redevelopment
Related terms
See also
Commentary
Redevelopment often involves legal planning controls and statutory authorities; clarity in defining scope and regulatory compliance is crucial in drafting related documents.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.