Iro Cycle, which assembles single-speeds and fixed gears from its shop in Middleburg, Pennsylvania, has come out with the Phoenix, a relaxed geometry steel frame that is available as a three speed for $650 plus extras as they build it up for you. The frame includes mounts for two bottle cages and rack and fender mounts. It accepts 700 x 38cc tires, or 32c with fenders.
Here's hoping that IRO will restore its build-a-bike application on its website so customers can play around with the design before placing an order.
IRO Cycle makes custom fixed gears and single speeds from their family-run shop in Middleburg, Pennsylvania (they were formerly on Staten Island). They make an "inexpensive bicycle that’s lighter, simpler, quieter, and more elegant -- a thrill to ride and a breeze to maintain."
The great thing about IRO is that you get to design your own bike using the tools on their website. I designed the Rob Roy pictured above and selected some cool extras, such as painted rims. The total cost still came to less than $900. The best way to check out the price and specs is to build the bike using their website. No purchase necessary - you can simply email the picture to yourself or a friend.