The most common and most likely answer to this crossword clue is the 9 letter word LEGENDARY
I've seen this crossword clue in Financial Times
L
E
G
E
N
D
A
R
Y
More clues leading to the result LEGENDARY
- Famous stage close by a railway
- Famed LSD guru, smuggling in dope, died
- Famous lad with energy for exercising
- Foot’s comical description by Ray, translated as “Fabulous!”
- Fabulous but scandalous green lady
- Renowned stage ready to be renovated around November
- The French General with record no one acclaimed
- Famous stage ready for transformation around November
- Very famous general abroad seen round degree ceremony finally
- Well-known line say close to a railway
Buddy explains!

The straight part
We know that "Renowned" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case renowned = legendary.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LEGENDARY mean?
LEGENDARY noun- A collection of legends, in particular of lives of saints.
- One who relates legends.
- (Pokémon) A legendary Pokémon.
- Of or pertaining to a legend or to legends.
- Appearing (solely) in legends.
- Having the splendor of a legend; fabled.
- Having unimaginable greatness; excellent to such an extent to evoke stories