Cryptic crossword clue
Transcontinental region, northern area set for redevelopment 4,4

The most common and most likely answer to this crossword clue is the 4 plus 4 letter word NEAR EAST

I've seen this crossword clue in Financial Times
N
E
A
R
E
A
S
T


Buddy explains!

The straight part
We know that "Transcontinental region" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case transcontinental region = near east.
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.


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