During weekends, many wealthy inhabitants of Buenos Aires pass through Saavedra en route to their larger estates and country clubs.

The main characters of Adolfo Bioy Casares's novel El Sueño de los Héroes (English: Dream of Heroes) live in Saavedra.

Points south were the site of extensive demolition during the late 1970s tenure of military-appointed Mayor Osvaldo Cacciatore, who planned a network of new expressways including one through Saavedra, one of the city's most residential barrios.

[1] Saavedra is also home to an important Philips manufacturing facility and shopping center "Dot Baires", opened in 2009,[2] which is the city's largest.

[3][4] Its facilities include 10 movie theaters of Hoyts chain, occupying a surface area of 6,500 m2 and with a total of 2,500 seats.