Terazije Square is located in the very central part of Belgrade and has always been the heart of city’s events. It was formed in the first half of the 19th century when Prince Miloš Obrenović ordered to build in this quarter craftsmen street. Terazije hosted one or two floor house till the end of 19th–beginning of the 20th century when reconstruction of the space and building of new houses and modern buildings started.
When in 1860 a water-tower had been removed, instead of it the Terazije Fountain was built as a commemoration of Prince Miloš coming back to power. Quickly the Fountain becomes one of the most famous symbols of Belgrade. The Terazije Square is famous for so-called Hotel triangle: „Moscow“, „Kasina“ and „Balkan“. Hotel Moskva was built in 1906 in the Secession style, new hotel „Balkan“ was built in 1936 on the foundation of the old hotel, and today’s „Kasina“ has been working on the place of previous hotel since 1922.