renovation

/ˌrenəˈveɪʃən/ noun [C or U]

Definition

› PROPERTY the process of repairing and improving a building so that it is in good condition again, or the improvements that are carried out: We have a commitment that the city will only carry out new construction and renovation that meets green building principles. They were willing to buy a property that was in need of renovation. We had to move out of the offices while the renovations were being done.

(Definition of renovation noun from the Cambridge Business English Dictionary © Cambridge University Press)