Redport and Dan Sucu launch residential project near Pantelimon Lake in Bucharest
Petre Barac
Posted On April 10, 2025
Redport, one of the most active local residential developers, together with businessman Dan Șucu, founder and shareholder of Mobexpert Group, announce the launch of Vitality Est. The new residential project will be developed in the Pantelimon area of the Capital, on a plot of approximately 27,000 square meters.
Vitality Est represents an investment of 50 million euros. On the 46,400 square meters of total buildable area there will be more than 500 modern apartments, along with approximately 400 square meters of commercial space.
“I strongly believe in the power of example and the responsibility we have to raise the standards in real estate and deliver high quality that future generations will appreciate. The Pantelimon area deserves a strong and well-integrated project that emphasizes increasing the quality of life for our future residents, and VITALITY EST is a strategic step in the urban reconstruction that we are undertaking with all our projects”, says Dan Șucu, founder and shareholder of Mobexpert
Within the residential complex will operate a Lidl supermarket, and a few hundred meters away are the International School of Bucharest (ISB), Ilios Waldorf School and the recently renovated Secondary Schools 55, 66, 67 and 78.
About 2-3 km away is the Lucian Blaga High School, as well as the Regina Maria Pantelimon Hospital, the Nicolae Malaxa Clinical Hospital and the St. Pantelimon Emergency Hospital.
“We chose to develop VITALITY EST in an area with huge potential precisely because we know how important it is to build not only for today’s needs, but also for future generations. VITALITY EST is an investment based on a clear vision, we want to deliver more than just buildings, we want to create a community where people feel at home. When you bring spaces for people to the market, you have to think beyond concrete and square meters, you have to have a well-done plan and build with meaning and responsibility”, emphasized Cosmin Savu-Cristescu, CEO and founder of REDPORT.
Vitality Est will be developed in three phases, and the first phase is scheduled to start in the coming weeks, with a completion date of 2026. The next two phases are scheduled for delivery in 2027 and 2028, respectively.
