revitalization
n. C1 Advanced US //ˌɹiˌvaɪtəɫəˈzeɪʃən// re·vi·tal·iza·tion
n. the process of making something new and full of life again. It often refers to improving a place or a system so it works better.
n. the process of restoring something to a state of renewed strength, activity, or usefulness.
The revitalization of the old town center brought many new shops.
The city's revitalization plan includes building new parks and improving public transport to attract more residents.
Economic revitalization requires a long-term commitment to infrastructure and education, rather than a single injection of capital into a struggling neighborhood.