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Mixed-Income Residential Breaks Ground Adjacent to Westwood MBTA Station
Petruzziello Properties, a subsidiary of Supreme Development, broke ground on The Block at 22 Everett Street in Westwood, MA. The mixed-income development on a former industrial site is adjacent to an MBTA commuter rail station and Supreme Development’s most recently completed Islington Center redevelopment project.
The project is financed through a loan from Dedham Savings and South Shore Bank, reportedly for $30.2 million. It will include 160 residential units, of which 24 will be affordable housing and 12,000 square feet of commercial/retail space. The Westwood Select Board approved the town’s first project to be submitted to the state for certification under a housing production plan designed to comply with the MBTA Communities Act.
“We’re excited that Dedham Savings and South Shore Bank both recognize the value of this project and its positive impact on the community,” said Giorgio Petruzziello, Supreme Development president and CEO. “We have mutual values and are committed to fostering community growth and vitality.”
- ◦Development

