1989 Schwinn Caliente.
1989 Schwinn Caliente (color: tea rose).
Wald Low-rise handlebars.
Schwinn Classic Padded Dual Spring Saddle.
I got the inspiration to make it cruiser-style from the Schwinn Roxie: http://ecx.images-amazon.com/images/I/51s81xq5Z7L._SS500_.jpg
I added the fenders, change the seat, changed the handlebars, and bought the new white wall tires. I plan on removing the plastic piece behind the rear crank. In the future I may upgrade to aluminum components, I'm not sure if it's really worth it right now. But all in all, this was a fun little project.
From the 1989 Schwinn catalog:
"For those looking for their first ten speed, the Schwinn name guarantees you the highest quality construction and attention to detail. Caliente's frame geometry is extremely comfortable and built for riding pleasure. The stem shifters and extension brake levers are easy to reach and use. The handlebar and stem are anatomically fit by frame size for proper body positioning. This is especially important in the down riding position. Threaded eyelets on the front and rear fork ends let you accessorize with a rack and cycling bags. The Caliente's all steel components and rims provide the lasting durability you'd expect from a Schwinn."