Waterway heritage is a kind of industrial heritage that has a great impact on the urban environment and the quality of life of residents. The UK, as the pioneer of the industrial revolution, possesses a well-planned systematical river and canal system. Some of those precious waterway heritages were once abandoned and polluted. Adaptive reuse is a transformation approach to reboot the lost prosperity and stimulate the lasting vitality of such urban spaces. This paper aims to focus on British waterway heritage regeneration, studying how the concept of adaptive reuse helps to reestablish heritage identification and revitalize the urban industrial space.