Image courtesy of RODE Architects

A Dorchester waterfront property approved for a $90 million redevelopment that’s embroiled in a legal dispute will be put up for auction.

Auctioneer Paul E. Saperstein scheduled the mortgagee’s sale of real estate for April 10 at the Ericsson Street property on Dorchester’s Port Norfolk peninsula.

City Point Capital and RISE received approval in 2022 for the project known as Neponset Wharf. The 168,300-square-foot project would replace parking lots and vacant office and marina buildings with 120 apartments and 40,000 square feet of office, retail and community space, a boathouse and 75 boat slips.

 In February, development manager RISE filed a lawsuit in Suffolk Superior Court against City Point Capital affiliate CPC Ericcson, seeking repayment for $131,000 in fees paid to Steven Winter Assoc. for Passive House-method building design work.

According to the lawsuit, first reported by the Dorchester Reporter, City Point Capital is set to close on financing with Metro Credit Union for a construction loan, and the new mortgage would extinguish RISE’s ability to collect payment.

Associate Justice Sarah Ellis approved an attachment on the property Feb. 14.

The project was originally proposed in 2017. In 2021, developers revised the plans to reflect the effects of anticipated sea level rise on the property by elevating the buildings and a planned new driveway, reducing paved areas and setting up a text notification system for residents during flooding.

Developers were not immediately available for comment. Quincy-based Crowd Lending Inc. holds a $9 million mortgage on the property that was issued in September 2022, according to Suffolk County Registry of Deeds records.

Editor’s note: This report has been updated to clarify the role of RISE as development manager of the Neponset Wharf project.