Distinctive place is rebuilt (7)
I believe the answer is:
special
'distinctive' is the definition.
(distinctive can mean special or different)
'place is rebuilt' is the wordplay.
'rebuilt' is an anagram indicator.
'place'+'is'='placeis'
'placeis' with letters rearranged gives 'SPECIAL'.
(Other definitions for special that I've seen before include "Important; particular" , "Unusual, superior" , "Distinguished" , "Dish not on usual menu" , "Exceptional or particular" .)