Developers of University Station, a scaled-down version of the failed Westwood Station project at the junction of Route 128 and Interstate 95, say they will be ready to break ground on the first phase of their mixed-use complex as soon as the town gives the OK.

Members of the Westwood Board of Selectmen, Planning Board, and Finance and Warrant Commission met jointly Tuesday to hear details of the new, 2.1 million-square-foot project, to be anchored by the New York-based grocery giant Wegmans and a Target superstore.