Vastint is awaiting approval for a major residential development planned in the Sisești area of northern Bucharest. The project, which will be developed over 15 to 20 years, depends on the release of the Zonal Urban Plan (PUZ). The nearly 50-hectare site was acquired by Vastint in 2016. The developer has revealed initial plans, which include a central park spanning 14 to 15 hectares—comparable in size to Cișmigiu Park. According to Antoniu Panait, CEO of Vastint, the park is intended to be one of the first elements of the project to be completed once the PUZ is approved. The master plan includes facilities such as a private school and high school, as well as spaces allocated for a kindergarten, a public school, and potentially a state high school. Other planned amenities include a police station, swimming pools, and various services positioned around the central park. “We are waiting for the approval of the chief architect, after which the project will be submitted to the General Council. We hope the process will not be delayed much further,” Panait said. The project will be developed in multiple phases. Source: economica.net