The neighborhood was a part of the Kharkivskyi Raion (administrative district) of the city until 2004, along with the neighboring areas Osokorky, Poznyaky, Bortnychi and Chervonyi Hutir - which was and still is a little ambiguous.

Located on the south end of the Dnieper river's left bank, the Kharkivskyi was constructed following similar apartment block plans as the Obolon district.

Originally located relatively far from the metro, the neighborhood was not seen as prestigious, but the long waiting list for apartments caused quick settlement.

Modern, Western-style apartment buildings were built around the lakes, usually further towards the south and east ends of the neighborhood.

The prestige of the area was also increased with the opening of shops, restaurants and cafes on and around the lakes as well as on the ground floors of apartment buildings.