Area bounded by the streets of "Stanoja Glavaša", "Dalmatinska", "Starine Novaka" and "Kneza Danila" was, for the most part, occupied by the complex of the IKL factory. Before World War II, it was the Rogožarski factory, the first aircraft factory in Yugoslavia. After the war new Communist authorities nationalized the company, while the factory complex in Palilula was transformed into the IKL (ball bearing factory) in 1948. The complex was demolished and in 2015 construction of the residential and commercial neighborhood of "Central Garden" began. Apart from the commercial and business sections, it will have 400 apartments. In November 2017 a construction of the 16-storey "Business Garden Tower" was announced, with the deadline of 18 months.