Structure ripe for redevelopment (4)
I believe the answer is:
pier
'structure' is the definition.
(pier is a kind of structure)
'ripe for redevelopment' is the wordplay.
'for redevelopment' is an anagram indicator (I've seen this in other clues).
'ripe' is an anagram of 'PIER'.
(Other definitions for pier that I've seen before include "Promenade over water" , "Breakwater; arch pillar" , "Support for two adjacent bridge spans" , "Seaside structure" , "Surviving antiquity" .)