Despite a lot of focus being directed toward the Olympics and Countdown Packs, we have a look at the upcoming Air Jordan I (1) Retro Low PHAT featuring black, cement grey and varsity red. This Air Jordan 1 appears in a traditional color-way along with the addition of cememnt grey. Note the use of the Air Jordan 3’s cement print and Air Jordan 5 tongue. Look for the Air Jordan 1 Low PHAT to hit stores in January or March of 2009 with a retail value of $90. Via Sneaker Collector.