<p>The problem of monotown restructuring is today extremely acute for Russia in the social, economic and political terms. The core of the problem lies in the obsolete technological base, underdevelopment of small and medium business, poor quality of life, weak mobility of human capital and lack of innovations. Most mono-settlements in Yakutia (15) are located in the Far Eastern Federal District. On January 1, 2016, there lived 152,507 people, or 16% of the whole population of the republic. Development of civilization frontier requires mastering the best practices of innovative infrastructure development infrastructure and its total modernization. Any attractive investment project should take into account the potential socio-cultural risks and be attractive for the local population. Therefore, the problem of monotowns, especially in the Russian context, is the main problem of the implementation of a coherent social policy, systematically deployed at corporate and regional levels. A research on the social wellbeing of the population in the conditions of transformation of the Northern mono-settlements will make it possible to improve relations between the local authorities and the population, creating the preconditions for a constructive public dialogue and consolidation of the society. This experience will give a specific technology and identify possible potentials for the formation of new generation cities.</p>