remodel (N) – the updating of a construction of some type.
of (P) – genitive; expresses some kind of relationship: (1) has body parts, (2) has kin relation, (3) has married relation, (4) has a superior, (5) has a subordinate, (6) has an equal [peer], (7) is a member, (8) is a performer of, (9) is a creator of, (10) is owner of, (11) has human property, (12) has feeling, (13) is recipient of, (14) is human topic of, (15) is undergoer of, (16) is location of, (17) is time of, (18) is natural source of, (19) is inherent part of, (20) has cause, (21) has result, (22) has associated part, (23) has non-human property . (Genitive Meanings)
See Huddleston and Pullum 474
Two nouns as a unit. Closely linked nouns are considered a single unit in forming the possessive when the entity "possessed" is the same for both; only the second element takes the possessive form. — Chicago Manual of Style 7.24-6 and MLA 3.2.7d
Huddleston, Rodney D., and Geoffrey K. Pullum. "Genitives as complements." (472-4) The Cambridge Grammar of the English Language. Cambridge UP, 2002.
Payne, Thomas Edward. "The GP Hypothesis." (8.3) Understanding English Grammar: A Linguistic Introduction. Cambridge UP, 2011.
Swan, Michael. Practical English Usage. 3rd ed., Oxford UP, 2005. (p. 405, 443)
Chicago Manual of Style. 16th ed., U of Chicago P, 2010.
MLA Handbook. 8th ed., Modern Language Association of America, 2016.
Old blue bathroom from the sixties. publicdomainpictures.net. Public domain CC0. Accessed 31 Mar. 2019.