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urban renewal
ur·ban re·new·al


noun 
Definition:
 
redevelopment of urban areas: the redevelopment of urban areas that have become run down or impoverished, by demolishing or renovating old buildings or building new ones
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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