The formation of a high-quality and comfortable urban environment is largely linked to the rational use of territories, for which it is necessary to carry out renovations of outdated urban areas, which are becoming not only spatial, urban planning, and architectural, but also an important economic tool for sustainable socio-economic and urban development. This article analyzes renovation as a process of transforming the urban environment aimed at improving the quality of life, the well-being of the population, social inclusion, and cultural continuity. The problems of worn-out housing stock, inefficient use of urban areas, and growing demands for quality of life necessitate a reassessment of urban environment management mechanisms. The article examines approaches to defining the category of "renovation," examines international approaches to renovation, and formulates proposals for their implementation in Uzbekistan.