Amendments to the Spatial Plan for the “Belgrade Waterfront” project now include the development of 330 hectares across the municipalities of Savski Venac, Novi Beograd, and Čukarica.
Professor Ljubodrag Savić from the Faculty of Economics told Euronews Serbia that areas such as the Belgrade Fairgrounds, Terazijska Terrace park, Čukarički rukavac, former NIS reservoirs, the Topčiderska River corridor, and parts of the left bank of the Sava in Novi Beograd are officially included in the project.
Savić explained that the expansion is logical, as some of these areas are underused or contain smaller buildings and family houses. He believes the development will become one of the most attractive parts of the city, benefiting all residents.
The professor noted that property prices are expected to rise in neighborhoods near the expanded Belgrade Waterfront due to improved infrastructure and proximity to a prime district. However, he stressed that this expansion will not lead to lower prices in other parts of Belgrade, as the city has a wide range of housing types and prices.
Savić also highlighted the broader benefits for citizens, stating that the project will stimulate construction and related industries, increase private sector activity, and generate tax revenue for the state, ultimately contributing to economic growth and improved urban life.
