A compressor may include first and second scrolls, an axial biasing chamber, and a control valve. The second scroll includes an outer port and an inner port. The outer and inner ports may be open to respective intermediate-pressure compression pockets. The control valve may be in fluid communication with the inner port, the outer port, and the axial biasing chamber. Movement of the control valve into the first position allows fluid communication between the inner port and the axial biasing chamber. Movement of the control valve into the second position allows fluid communication between the outer port and the axial biasing chamber.