1. a person or company that buys and renovates or rebuilds existing properties or areas

Examples

• The redeveloper transformed the abandoned warehouse into luxury apartments.
• City officials met with the redeveloper to discuss plans for the downtown district.
• As an experienced redeveloper, she specialized in converting old factories into office spaces.
• The redeveloper purchased several historic buildings with plans to restore them.
• Local residents were concerned about the redeveloper’s impact on neighborhood character.
• The redeveloper invested millions in revitalizing the waterfront area.