Is it possible to Clone a RedShift Database?
You can do the following:


UNLOAD your data to S3 (http://docs.aws.amazon.com/redshift/latest/dg/r_UNLOAD.html)
Run your deployment scripts against the new database
COPY the data into the new database (http://docs.aws.amazon.com/redshift/latest/dg/r_COPY.html)


This (UNLOAD/COPY) will be fairly quick for a development size dataset.