redevelop

re- +‎ develop

redevelop (third-person singular simple present redevelops, present participle redeveloping, simple past and past participle redeveloped)

1. (transitive) To develop again or differently.

   to redevelop an unsuccessful product for relaunch

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.

• developer