$750-million KStation,

Echelon has a mix of studio, one- and two-bedroom units whichrange from 572 sf to 1,111 sf. The building is currently about 25%leased, says Alan Schachtman, SVP with Fifield. Rental rates rangefrom $1,475 to $2,845, not including parking. The building has aspa, fitness center, terrace, outdoor swimming pool, game room,business center and valet dry cleaner. A one-acre park, calledThePark at K Station, was also recently completed and is expectedto open next month, he says.

Alta and Cirrus are currently under construction, and areexpected to have first occupancies in fall 2009. Alta, at 555 W.Kinzie, will be a 41-story building with a total of 426 units andCirrus, at 365 N. Jefferson, will be a 39-story building with atotal of 422 units, Schachtman says. The two buildings are beingconstructed simultaneously and will have a total of 857 apartmentunits in the two towers. Alta and Cirrus will have a mix of studio,one-, two- and three-bedroom penthouse units, Schachtman says.Units will range in size from 573 sf to about 1,400 sf. The rentalrate will likely be approximately $2.70 per sf, he tellsGlobeSt.com.