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What does redevelop mean?

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

Verb
  1. (transitive) To develop again or differently.
  2. (transitive, photography) To intensify by a second process.
  3. (transitive) To convert a neighbourhood by demolishing old buildings and building new ones, or by renovating existing ones.
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Examples
It is planned to redevelop the site as housing and keep the first and second floors of the Alexandra Street frontage.
Thorn Marine's lease expired in the summer and Peel Holdings plan to redevelop the site for housing.
One resident who lives two doors away defiantly said he would oppose any plans to redevelop the area.
She is now repaying the favour by auctioning her autographs to raise money to help redevelop the famous theatre.
We would redevelop it with a restaurant style pub on the ground floor, flats above and possibly housing in the car park.
It needs only the effort to redevelop it again, and this will be one of the richest countries in the Middle East.

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