The research presented in this paper analyses the socio-economic conditions that preceded the construction of the Sokolski dom in Novi Sad. The construction of this building of great cultural and ...historical value, during the process of transformation and enlargement of the main square throughout the interwar period, has made a significant impact on the further development of the central areas of the city. The realization of the building was part of the opening of the city towards the Danube, and thus it sets an architectural framework for future spatial development. In addition, architectural and stylistic features of this cultural monument are presented, occupying an important place in the oeuvre of architect Đorđe Tabaković, one of the most important creators of the modern period. Afterwards the research points to the significant stages through which this institution has passed in its history, with emphasis on the different social, cultural and political influences and consequences which have followed. Finally, it has been concluded that Sokolsko društvo, from its establishment until the present day, as a commissioner and a regular user of the facility, has great social significance and impact on the cultural, educational and sports development of the population of Novi Sad.