A thorough reconstruction of the market, which is supposed to give back the market its original looks, began in June 2005 and was completed in 2007. As the entire Terazije slope, including Zeleni Venac, is very active mass wasting area, it caused much of the public and academic debate during the reconstruction, especially when massive rains resulted in sliding which ruptured the streets around the market as if they were hit by a very strong earthquake. After the completion, the market will be a multi-leveled, two-stored complex with the lowest section partially below the ground. The communal infrastructure is completely renewed, a special parking lot is built and the area will be protected from future mass wasting.