Design

A Flashy, Mysterious Plan for Belgrade's Waterfront

Investors from the United Arab Emirates appear set to give Serbia's capital a Dubai-style makeover. But tons of questions remain unanswered.
A rendering of the promenade planned for the Belgrade Waterfront project. Eagle Hills

Could Belgrade be on the verge of becoming the “Dubai of the Balkans”? A vast new development plan in the Serbian capital certainly has the swagger to match that ambition.

Built along the Sava River’s quayside, the planned Belgrade Waterfront development should be one of the biggest building projects the Balkan Peninsula has ever seen. It will cover 6.5 million square feet and house 17,000 people in luxury apartments, for which off-plan sales started this Monday. Hotels and malls will flank a sliver of park centered on another Balkan first—the peninsula’s tallest skyscraper to date.