The issue of revitalization of abandoned territories of former powerful complexes of the oil and gas industry. XIX - beginning 20th century is becoming more and more relevant. These objects in modern conditions are defined as depressed points of one or another environment and need to be organized and developed. The article examines the territory of the oil refinery "Nadvirna Oil and Paraffin Factory", located in the city of Nadvirna, Ivano-Frankivsk region. The historical and architectural development and the main factors of the formation of the enterprise are studied. Urban-planning, architectural-planning and landscape-compositional features have been identified; a valuable historical building. The original functional zoning of the territory, volumetric and planning structure of buildings and structures were analyzed with the help of archival materials and technical descriptions. The authors proposed a conceptual project for the revitalization of the Nadvirnya Oil Refinery - "Building Hub". The project envisages the preservation of the architectural heritage, which will be harmoniously combined with modern technological solutions. Office premises, a museum complex, shopping and food areas, and parking spaces will be located on the territory. The reorganization of this object will significantly affect the architectural development of the city, will contribute to the improvement of the quality of life of the local population.