The city quarter of Savamala, as an integral part of Belgrade, has had a very turbulent development path during the last two centuries. This path included several ups and downs, and culminated in tension over the last decade. Savamala fell into silent oblivion in the 20th century, but succeeded in re-emerging into the focus of the public and interest groups, mainly due to the cultural milieu that developed in this area at the beginning of the 21st century. The cultural vibes of the city quarter attracted various urban actors, who created a new image of Savamala. Eventually, cultural functions started to fade; however, after several years and through vague political decisions, Savamala became the part of the largest construction site in Belgrade, the Belgrade Waterfront. This article highlights the development of Savamala in the 2010s—from a forgotten city quarter to a rising cultural quarter and finally to the ’future centre of the city’. This analysis shows the participation of different stakeholders at different stages of development (their influence, power levels, and the mechanisms they used), as well as the footprints that urban development left in the quarter.