gentrify

/ˈdʒɛntrɪfaɪ/
verb
  1. To change a neighborhood by renovating buildings and attracting wealthier residents, often displacing the original, poorer residents.
    • Many residents worry that new developments will gentrify their community and force them to move.
    • The city's plan to gentrify the area has led to higher rents and a loss of local businesses.
    • New coffee shops and art galleries are starting to gentrify the old industrial district.
Synonyms
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