[1] The square is located less than 100 meters away from Terazije, designated center of Belgrade, to which it is connected by the streets of Kolarčeva (traffic) and Knez Mihailova (pedestrian zone).

The materials found in the tombs include pottery fragments and vessels, pieces of terracotta and stone statues, fan-shaped floor tiles, bronze and bone needles, bricks, rushlights, etc.

[6] During their occupation of northern Serbia from 1717 to 1739, the Austrians conducted massive project of extensive refurbishment of Belgrade from an oriental town into the modern, baroque-style, European one.

His task was to project the new walls and ramparts system around the city, to develop a completely new grid of streets and the transform Belgrade into the typical baroque town.

In June 1740, on a boat in the middle of the Sava river, which now became border between Austria and Ottoman Empire again, an agreement was signed and the fortress, including the gates was demolished.

[13] After the Austrians withdrew in 1739, the local Ottoman administration sent a letter to the Sublime Porte asking for the "large masonry saray for the wālis to be demolished.

[6][11] During the Austrian occupation, generalissimo Laudon ordered a vast effort to fortify the city, which included the defensive trench which encircled a wider Belgrade area.

[6][11][12][14][15][19] Belgrade's first chief urbanist, Emilijan Josimović, devised a plan in 1867 for the system of "green groves" along the former route of the Laudon trench, which now divided old part of the city from the newer neighborhoods.

The market was known for the lamb and pork meat, while the kiridžije, who transported various goods from Užice on their little horses, were bringing and selling bacon, sirene, kaymak, pršut and kegs of rakia.

The square was formed between the theatre building, Cooperation of the printing workers, the Dardaneli kafana, the lots of Dimitrije and Lazar Andrejević, the Kolarac House with pharmacy and the First Belgrade Brewery.

It was the most popular kafana in Belgrade at that time, especially after the 1896 reconstruction, when it became the meeting-place of actors and writers, and the central point of city's urban spirit and bohemianism.

The project would rule out the need for smaller underground garages in the vicinity (like to one planned on Studentski Trg or, as it is the case with La Scala and Covent Garden, a separate building for the Belgrade Philharmonic Orchestra which could also use it.

It was built concurrently with the reconstruction of the National Theatre, in the scopes of the city beautification for the IX Non-Aligned Movement summit which was held in Belgrade.

New project is a cultural venue, covering 15,000 m2 (160,000 sq ft) and comprising galleries, bookstores, conference halls and an underground garage for 500 vehicles.

In August 2017, city architect Milutin Folić said that the plan will include opera, ballet and a gallery, or a combination of those, though that was not in the project accepted in 2015 and even announced a possibility of yet another architectural design competition.

[35] It was disclosed that the demolition will start in the summer of 2018, but there is a possibility of postponing it, as the city will only then organize an architectural design competition so there is no economic point in demolishing the well established mall so early.

Nicknamed Aca Bosanac, he already owns numerous hospitality venues throughout Belgrade, including the recently purchased Western City Gate which also caused protests.

She then contradicted herself and the cadaster, claiming that actually nothing is true, including Kajmaković's ownership, but that his company, as a co-owner of the building, gave permission to the city to reconstruct the theatre.

Public reaction was overwhelmingly negative: carriageway cobblestones were 41,000 cubes of rugged stone which made driving unpleasant and motorcycle, bicycle, pedestrian traffic almost impossible.

Vesić, claiming he was in a "surprise control visit", had an outburst, scolding the contractor "Strabag" (which billed additional €287,000 for "unexpected works"),[68] calling them to repair it with their own money and without closing the traffic.

Asked how the cubes, by city's orders with rugged side up, were praised for 12 days, Vesić replied that "Strabag had to point out this is not a functional solution",[70][76] calling the situation "unacceptable".

[83][84] President Vučić supported city government again, saying "Vesić has done everything right" and that he doesn't understand the "hysteria surrounding continued works", adding he is proud how things are done in Belgrade.

[85][86] City claims the total price of the reconstruction is €8 million,[78] which is deemed way to high and criticized even by the state Radio Television Serbia.

[96][97][98] But it was also reported that the reduction is part of the plan to transform the main traffic route into the pedestrian zone and because of the weight restrictions due to the botched reconstruction of the square.

[105] Due to the negative reactions, and even though deputy mayor Vesić said in 2018 that the tracks will, at least partially, be laid already in 2019, city's Directorate for Land Development now claimed that works can't start before 2025 or 2027, while president Vučić, who personally pushed the project, now called it unnecessary.

[108][109][110] By the February 2024, section of the reconstructed square in the direction of the Vasina Street deteriorated and sank so much, that the cobblestone had to be removed, and the asphalt concrete was restored.

The square is a bordered and appeasing plane, which can't express the real character of Belgrade which is arbitrary, complex and opposed to the planimetrics".

It was erected in honor of the Prince's most important political achievement, complete expulsion of the Turks from Serbia and liberation of the remaining 7 cities within (then) Serbian territory, still under the Turkish rule (1867).

The names of the cities are carved on a plates on the monument itself, on the statue's pedestal and prince is sculptured with his hand allegedly pointing to Constantinople, showing the Turks to leave.

Located in the Kolarčeva Street, the building has a total floor area of 5,505 m2 (59,260 sq ft) and is protected within the Spatial Cultural-Historical Complex of Old Belgrade.