During Ilić's tenure as a mayor, a King Peter II Bridge (today the Pančevo Bridge across the Danube was built and open on 27 October 1935, right at the western edge of Karaburma. A railway from the Belgrade Main railway station, which encircled the central ridge of the city along the rivers, and then continuing over to the King Peter II Bridge was also constructed. He also built apartments in Karaburma for his employees, and even his villa was built on a location close to his factories, though in the western neighborhood of Viline Vode. After the war Ilić was imprisoned and his companies nationalized by the new Communist government. Well known after-war Serbian state owned textile companies, like "Beteks", "Beko" and "Vunarski kombinat", some of which ere located in Karaburma, developed from Ilić's factories. Another person who worked on development of Karaburma in this period was deputy mayor Viktor Krstić. He conducted the waterworks in the neighborhood, though only for the public service at first, and built 4 drinking fountains in Karaburma in 1932. He also organized the paving of the streets with "kaldrma", a type of cobblestone. On one of the fountains, the inhabitants of Karaburma placed a memorial plaque, thanking Krstić for bringing the water in the neighborhood. None of the fountains survived until today. After the economic collapse in the 1990s and bankruptcy of the major industrial companies, Karaburma began to change as the vast and neglected, previously heavily industrialized areas, began to deteriorate. Since the 2010s, demolition of several derelict industrial complexes began. In April 2017 a new Big Fashion Mall was open on the lot of the former sportswear and sport equipment kombinat "Sport". In October 2018 it was announced that even larger lot of the former "Minel Kotlogradnja" factory will be demolished. A new residential-commercial complex will be built instead, starting from August 2019. Even larger shopping mall, Big Fashion Park, was opened in this complex in December 2019. Karaburma is located between the neighborhoods of Zvezdara (south), Bogoslovija (west), Ada Huja (north), Rospi Ćuprija (east) and Ćalije (southeast). Its entire southern border ("Dragoslava Srejovića street") is also municipal border between Palilula and Zvezdara, for the most part dividing it from the Zvezdara woods.