If you often work on the different projects in Sublime Text being able to open the current path in Terminal is a big time saver.
If you want to open a folder from Sublime Text into Terminal then check out: Sublime Text open folder in Terminal
Run this command in Terminal now when you type subl Sublime Text should open.
ln -s '/Applications/Sublime Text.app/Contents/SharedSupport/bin/subl' /usr/local/bin/subl
Now to open a folder type subl . will open the current folder in Sublime Text.
Thanks and credits for this goes to https://stackoverflow.com/questions/26402472/open-a-folder-in-sublime-text-3-using-command-line?answertab=active#tab-top