The development of urbanized territories, as a rule, is associated with the expansion of urban space, which, in turn, leads to an increase in the load on transport systems and social infrastructure. Geographically divided areas have weak interconnection due to the lack of highways and public transport. At the same time, the infrastructure of the outskirts differs from the center in scarcity and monotony. An increase in the urban population, a change in the natural and climatic conditions of residence, the environment in urbanized areas, a steady increase in the value of real estate make it necessary to accelerate the pace of the integrated development of urban spaces. The most important task set today for the subjects of management of the municipality is related to the optimization and effective use of the objects of the existing property complex. The renovation process will affect morally obsolete and abandoned facilities that impede the integrated development of the territory, reduce investment attractiveness and reduce the volume of the tax base. Adaptive management will increase the efficiency of the use of existing territorial resources, improve the social and environmental conditions of the urbanized space. Involvement of the existing reserve of real estate objects in the city center will create conditions for the formation of new public and business spaces in the city, which is important for the comfortable living of the population.

Keywords: adaptive management, property complex, development of territories, environmental damage, economic damage, renovation process, redevelopment