Wild glen redeveloped for housing (8)
I believe the answer is:
dwelling
'for housing' is the definition.
(dwelling is a kind of housing)
'wild glen redeveloped' is the wordplay.
'redeveloped' indicates anagramming the letters.
'wild'+'glen'='wildglen'
'wildglen' anagrammed gives 'DWELLING'.
(Other definitions for dwelling that I've seen before include "Living place" , "Living; abode" , "lodge" , "Living, residing" , "house" .)