What's your look on the verb "revision"?
Solution 1:
To create a new vision for something is to reenvision it:
[Merriam-Webster]
variants: or re-envisiontransitive verb
: to envision (something) again especially in a different way// As time wore on, it became easier to reenvision a potentially happy future for myself.
— Dese'Rae L. Stage
// Our library system has reenvisioned itself as a technology hub.
— Stephanie Rawlings-Blake
// The movie is a modern re-envisioning of a classic fairy-tale.
Solution 2:
The word you're looking for is re-envision. Definition from lexico:
View or visualize (something) in a different way with the aim of improving or transforming it