revitalize
v. B2 Upper Intermediate US //ɹiˈvaɪtəˌɫaɪz// re·vi·tal·ize
v. to make something new and full of energy again. You use this when a place or a person starts to feel better or more active.
v. to restore to life or to a state of activity, health, or strength. Transitive — requires a direct object representing the entity being renewed.
The new park will help revitalize the old neighborhood.
The government introduced new tax breaks to revitalize the struggling local economy and attract young families.
Urban planners hope that the redevelopment of the waterfront will revitalize the district, transforming it from a neglected industrial site into a vibrant cultural hub.
From re- + vital + -ize.