Redevelopment

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Redevelopment

The act or process of redeveloping or renovating a blighted area, as in urban renewal programs.

redevelopment

The restoration and improvement of an existing structure or property.
References in periodicals archive ?
The 816-unit redevelopment will also include nearly 15,000 s/ f of private day-care space, over 30,000 s/f of outdoor recreation areas, community center space, private parking, and Over 23,000 s/f of neighborhood retail.
Located directly across from Newark's Penn Station, the NJ Performing Arts Center and the planned Minish Park, Harrison's Redevelopment Zone expects to see the beginning of major new developments during 2004 which will provide thousands of housing units and new office structures.
Snyder will oversee all redevelopment efforts in Feldman Mall Properties' national mall portfolio, including the coordination of development personnel at FMP as well as the selection of third party relationships with construction, architectural and other development service providers.
Feldman Mall Properties, the only publicly traded REIT focused solely on the redevelopment of underperforming regional malls, is in a unique position to create significant shareholder value at every mall it acquires and I am personally and professionally excited to be joining this leading management team," stated Mr.
Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets.
risks that we may not be able to proceed with or obtain necessary approvals for any redevelopment or renovation project, and that any redevelopment or renovation project that we do pursue may not perform as anticipated;
The total cost of the redevelopment project, including the acquisition cost, is estimated to be between $35 and $40 million, depending on the ultimate scope of the project.
About Acadia - Acadia Realty Trust, headquartered in White Plains, NY, is a fully integrated and self-managed real estate investment trust, which specializes in the acquisition, redevelopment, and operation of shopping centers, which are anchored by grocery and value-oriented retail.
Existing Redevelopment Pipeline -- New Anchors Now Open in Former Ames Locations
Home Depot held its grand opening on December 11, 2003 at the Plaza 422 redevelopment project located in Lebanon, Pennsylvania.
Echelon Mall will remain open throughout the redevelopment period.