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Transition to market economy has produced major changes within the Romanian industrial sector. Entire production units went bankrupt determining the arising of a new issue related to urban space: brownfields. Deindustrialization represents one of the major trends of cities' recent history. The phenomenon of industry restructuring meant in the majority of cases its disappearance accompanied by the dropout of the initial locations while conversion was carried out following the demolition of initial establishments in view of building new ones. The article analyses the violent transformation of the industrial sector from Iasi, carrying out an in-depth analysis of the Iasi industry before and after the falling of communism as well as the effects of deindustrialization on the morphology of Iasi. As the conversion of industrial regions is dependent on economic imperatives, there is at present a need for approaching the concept of sustainable development in the context of a reconstructing environment. [ABSTRACT FROM AUTHOR]