DEVELOPER: Fifield Cos.

LOCATION: Chicago

SIZE: The ambitious, eight-acre development will feature six high-rise towers, 2,400 luxury apartments, and 40,000 sq. ft. of commercial space. Rent for a one-bedroom at K Station's Left Bank ranges from $1,341 to $1,948 per month.

PROJECTED COMPLETION: Summer 2008

BUZZ: The $750 million mixed-use community will include a park with a walking path, large family play area, dog-friendly section and seating areas. K Station will offer residents on-site amenities including fitness centers, club rooms, libraries, conference rooms and business centers, and the complex will have five outdoor pools featuring landscaped sky terraces.