The Committee for the Celebration was formed, led by Stojan Novaković and Jovan Skerlić, to plan for a series of festivities and the construction of the monument.
The project was supported by the Municipality of Belgrade that provided funding and conducted a competition for Yugoslav artists to design the monument of a full-sized figure of Obradović.
In an article on the occasion of presentation of the models received for the competition, the magazine New Spark said about the Valdec's design: “Dositej was conceived as a traveller, boldly moved forward by some supernatural power, which was awakened in him.
[5] It was installed as a pair to Karađorđe's monument, unveiled a year before, at the end of the main path banked with the busts of important Serbs.
Obradović is represented in movement, with a hat, books and a stick in his hand, while at the bottom of the plinth there is an inscription of his own words: “He learns walking, looking into the future!” Until the end of the third decade of the 20th century, the monument was at its original location, in the square in front of the Hotel Serbian Crown, when, during the formation of the Academic park on the site of the former Great Market, it was moved to this park as a pair to the monument dedicated to the great Serbian scientist Josif Pančić.