redevelopment

Specifically, in photography, the act or process of redeveloping: a form of intensification in which the negative is bleached with cupric or mercuric chlorid and then subjected anew to the action of the developer.

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.

The demolition of old, redundant or unfashionable buildings or infrastructure and the construction of new ones on the same site.

the act of improving by renewing and restoring