Mechanism of the hydrothermal modification of gamma-aluminum oxide was studied. A set of physicochemical methods demonstrated that boehmite crystals are formed in macropores (>500 nm) by the dissolution/precipitation mechanism, whereas in mesopores (<20 nm), rehydration of primary blocks of aluminum oxide occurs from the surface into the bulk. As a result of the phase transition, aggregates of primary oxide blocks are dispersed, which leads, at a certain treatment duration, to an increase in the specific surface area. In this case, the content of acid centers also increases according to the results of a temperature-programmed desorption of ammonia, as also does the catalytic activity in the reaction of skeletal isomerization of n-butenes.