P
etruzziello Properties, a subsidiary of Supreme Development, is breaking ground on The Block at 22 Everett Street in Westwood, MA. This mixed-use development will feature 160 residential units, including 24 affordable housing units, and 12,000 square feet of commercial space. The project also includes walking trails, sports courts, and outdoor gathering spaces.

    Located adjacent to the commuter rail station, The Block is part of a larger effort to revitalize a former industrial site into a thriving community. Supreme Development's Islington Redevelopment Project, completed nearby, has set a precedent for this type of development in Westwood.

    The project has received unanimous approval from the Westwood Select Board and will be submitted to the state for certification under a housing production plan designed to comply with the MBTA Communities Act. Giorgio Petruzziello, Supreme Development President and CEO, credits Dedham Savings and South Shore Bank for recognizing the value of The Block and its positive impact on the community.

    The partnership between Dedham Savings and South Shore Bank has increased their lending capabilities, enabling them to fund projects like The Block. "This affiliation has allowed us to make a significant impact in our region," said Peter Brown, Chairman and CEO of the Holding Company. Jim Dunphy, President of the Holding Company and CEO of South Shore Bank, added that the funding provided for projects like The Block will lead to positive changes in many lives within their community.

    Supreme Development's Giorgio Petruzziello has a history of revitalizing communities through mixed-use developments, including Dedham Square and Islington Center. With the support of Dedham Savings and South Shore Bank, The Block is poised to become a vibrant hub for residents, shoppers, and athletes alike.