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What is redevelopment? Why does it happen?

Redevelopment
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What is redevelopment? Why does it happen?

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Redevelopment is a process in which deteriorated or obsolete houses and buildings are altered or replaced to accommodate new, and sometimes different, land uses. It also can include land assembly where a number of smaller parcels are combined into a larger site. Sometimes it also involves environmental cleanup and reuse of contaminated land. Redevelopment is a natural, inevitable process. But it can, and should, be guided by the community according to a vision and plan.

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