Meaning of the word redevelopment in English

What does redevelopment mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

redevelopment

US /ˌriː.dɪˈvel.əp.mənt/
UK /ˌriː.dɪˈvel.əp.mənt/

Noun

the action or process of developing something again or differently.

Example:
the redevelopment of the university website