redevelopment(n = noun.act) overhaul, renovation - the act of improving by renewing and restoring; "they are pursuing a general program of renovation to the entire property"; "a major overhal of the healthcare system was proposed"
is a kind of improvement
has particulars: face lift, face lifting, facelift
Derived forms verb redevelop3, verb redevelop2
the rebuilding of an urban area, usually a commercial district but sometimes residential or industrial, and typically involving some portion of government involvement and expenditure; to organize a municipal redevelopment agency. [PJC]