downzone

or down-zone

[ doun-zohn ]
/ ˈdaʊnˌzoʊn /

verb (used with object), down·zoned, down·zon·ing.

to change the zoning designation on (property) to restrict high-density development.

verb (used without object), down·zoned, down·zon·ing.

to downzone development.

Origin of downzone