Renovation is performed on old buildings and urban areas which fail to meet modern aesthetic, social, economic, energy and environmental requirements in order to bring them to new highquality level. The result of such works is a new high-quality, multi-functional urban environment, for both permanent residents and visitors, which has economically profitable energy-efficient buildings. This article presents different approaches to the renovation of urban buildings. An example of the renovation of a residential quarter without the demolition of buildings and without resettlement of the inhabitants is discussed in detail. The sequence of the stages of such a renovation is defined, an analysis of each stage is performed and the project payback is presented.
