The purpose of this study is for providing a strategic plan of waterfront belt development at the coastal area of Busan city that might enhance the possibility on healthy use of spare time of the residents and demand of tourism, together with raising the potential and the value added effect of coastal space. This study is one of a series of studies for developing waterfront belt at Busan coastal area. In this study we suggest the new concepts of waterfront belt, waterfront cluster and waterfront greenway. And then we present a model of making waterfront belt through waterfront cluster, which is an aggregate of individual waterfront spaces, using waterfront greenway. After that we apply this model to Haeundae coastal area and test the applicability of the model.