The Boston-based developer of a 754-unit housing project planned for Dorchester’s Morrissey Boulevard is suing a pair of investment firms who it had partnered with on the project, alleging they sought to cut the builder out of the deal as it gathered momentum last year.
Development firm Copper Mill alleged in complaints filed in Suffolk Superior Court and Massachusetts Land Court that partners POB Capital and Pactolus worked to undermine a purchase-and-sale agreement for the property at 75 Morrissey Blvd. after Copper Mill steered the development through the city permitting process last year.
The dispute threatens to significantly delay the project, at a time when housing prices in the city and region remain stubbornly high and few large residential developments are breaking ground. [...]