This script can open current Xcode project's directory in iTerm.

open_in_iterm_current_xcode_project.applescript

#!/usr/bin/osascript

on run argv
    set cmd to "cd" & " \"" & (do shell script "pwd") & "\""
    tell application "iTerm"
        activate
            tell current window
                set firstTab to current tab
                tell current session of current tab
                    write text cmd
                end tell
            end tell
    end tell
end run