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What does gentrification mean?

Looking for the meaning or definition of the word gentrification? Here's what it means.

Noun
  1. (urban studies) The renewal and rebuilding that accompanies the influx of middle class or affluent people into deteriorating areas and often displaces earlier, usually poorer, residents; any example of such a process.
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Examples
She notices the double-edged sword happening locally with the growing gentrification.
The arrival of a coffee house on the corner of an inner city street means that gentrification is underway or has nearly been completed.
Their gentrification was reflected in how they dressed, dined, performed, and were entertained, in a selection of social settings.
The gentrification of urban space was a by-product of global capitalism's retooling from the Industrial Age to the Information Age.
This award-winning architect engages in community work without causing gentrification to occur.
The women have begun offering workshops in how to protest raised property taxes that result from gentrification.

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