redeveloper

/ˌriːdɪˈvɛləpər/
noun
  1. A person or company that redevelops an area, especially by improving or replacing buildings or infrastructure.
    • The redeveloper turned the old factory into a shopping center.
    • The redeveloper worked with the community to design the new park.
    • A local redeveloper won the contract to rebuild the downtown area.
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