New 'University Station' Project in the Works

In two years time, Westwood could see the long-standing Westwood Station project come to fruition. 

The first phase of the newly-dubbed "University Station" project is expected to be completed in 2014, . 

A partnership between New England Development, Eastern Real Estate, National Development/Charles River Realty Investors and Clarion Partners is working to acquire 130 acres of Westwood to develop the mixed-use development project to include retail, housing, office and hotel use, according to Friday's announcement. 

The team involved is working on the initial stages of crafting a proposed master plan to submit to Westwood officials.

Westwood Patch will provide more information on the revamped project as it develops.