The building is located in the heart of old city center, stretching from Terazije to Slavija Square, with an emphasized aspiration to dominate with its high 24-story part as the city's reference point.
Home of brothers Krstic is one of the few surviving small residential buildings in the territory between Terazije and Slavija Square.
Originally, the entire western section (Terazije slopes) of today's city center was called Savamala, roughly bounded by the modern streets and squares of Terazije, King Milan's, Slavija, Nemanjina and Prince Miloš'.
Historically, Savinac represented geographical end of Belgrade, opposite to Kalemegdan, on Belgrade's central line Kalemegdan-Trg Republike-Terazije-Beograđanka-Slavija–Savinac, where central line, tram No 1 used to run, in the first half of the 20th century.
Theatre on Terazije (Serbian: Позориште на Теразијама / Pozorište na Terazijama) is a Broadway-style theatre in the Terazije area of Belgrade, Serbia.