The world experience, key principles and methods of industrial objects renovation are considered in the article. Examples of adaptation of industrial facilities to the needs of modern cities are given. Development trends of principles and methods of industrial territories and constructions renovation are revealed. The principles are based on preserving or changing the initial function of the structure; methods include the ways of renovation procedure, rely on maintaining or changing external and internal types of structures. The diversity of solutions for the conversion of objects allows architectural modeling of the correct choice of adaptation of historical objects or complexes to modern needs. Similar restructurings of industrial centers and their infrastructure with the preservation of objects are considered. The analysis, rationality and effectiveness of the renovation process in an urbanized megalopolis are carried out on the example of historical industrial objects. Renovation of industrial areas will create a more comfortable urban environment; develop social infrastructure and convenient public spaces. For this purpose, it is advisable to use all types of complete refunctionalization