Advice on A Beginners $1500 Build

I would wait a little bit until R9 290s get aftermarket coolers and use one of those instead of GTX 770.
Change PSU to Seasonic USA unit.
If budget allows I would also change the motherboard to a ASUS ROG series board.

For the Mobo i'd recommend this one instead. Its a bit more reliable and its on a great sale right now:
http://www.newegg.com/Product/Product.aspx?Item=N82E16813131979

I'd get a 80+ bronze PSU if I were you, it'll be a bit cheaper and work fine with a single GPU.

If you're going mostly for gaming, you really dont need an i7. An i5 will perform almost just as well in games.

And yes, the GPU is the current bottleneck, but its still a great GPU.

I'm digging the SSD on your shopping list. Look for some good deals this black friday.

EVGA still makes excellent PSUs. Also, Asus's ROG is a shitty bang for thebuck, excepting the Hero, of course.

Here's one I put together for 1313.81 & includes an SSD. The Graphics card you choose is not the bottleneck in the system, it's not having an SSD Also I would get alittle better cooler for an intel chip.
.http://pcpartpicker.com/parts/partlist/

So for the build look pretty good. But by no means your GPU is a bottleneck. It's an amazing card, and you should consider the Asus version of it since it performs better and looks cooler in my opinion (Asus DirectCU II GTX 770).

I sorta altered your build into this. Up to you though to make the change. I added in a epic monitor, with a 1ms response time and a thin bezel. It's also wall mountable if you were wondering. In the build, I also included a Corsair H100i Closed Loop Watercooler. It's completely up to you if you don't want watercooling, but this thing is a beast. You can change the color of the waterblock which a lot of people didn't know (I didn't know until 3 months after I bought it ). I assume you'll be overclocking since your getting the "k" version of the 4770k, and this thing will get the job done while looking epic. As you can see I also changed the case. It's a really nice case, and has a lot more quality than the Phantom, but if you dig the looks of the Phantom, go for it. I recently had a Phantom 630 but switched it out for a Corsair 750d because it just looked way to much like a robot. Anyways, I also included a SSD for the OS and your favorite programs. I hope you like it. If you have any questions just ask!

PCPartPicker part list: http://pcpartpicker.com/p/21vn1
Price breakdown by merchant: http://pcpartpicker.com/p/21vn1/by_merchant/
Benchmarks: http://pcpartpicker.com/p/21vn1/benchmarks/

CPU: Intel Core i7-4770K 3.5GHz Quad-Core Processor ($319.75 @ OutletPC)
CPU Cooler: Corsair H100i 77.0 CFM Liquid CPU Cooler ($129.99 @ Newegg)
Motherboard: Asus Z87-PRO ATX LGA1150 Motherboard ($174.99 @ SuperBiiz)
Memory: G.Skill Ares Series 8GB (2 x 4GB) DDR3-1866 Memory ($80.99 @ Newegg)
Storage: Samsung 840 Series 120GB 2.5" Solid State Disk ($89.99 @ Microcenter)
Storage: Western Digital Caviar Blue 750GB 3.5" 7200RPM Internal Hard Drive ($63.98 @ OutletPC)
Video Card: Asus GeForce GTX 770 2GB Video Card ($329.99 @ NCIX US)
Wireless Network Adapter: TP-Link TL-WDN4800 802.11a/b/g/n PCI-Express x1 Wi-Fi Adapter ($39.99 @ Microcenter)
Case: Fractal Design Define R4 w/Window (Black Pearl) ATX Mid Tower Case ($117.98 @ Newegg)
Power Supply: Corsair Professional 750W 80 PLUS Gold Certified ATX12V / EPS12V Power Supply ($89.99 @ Newegg)
Optical Drive: Asus DRW-24B1ST/BLK/B/AS DVD/CD Writer ($16.98 @ OutletPC)
Monitor: Asus VN247H-P 23.6" Monitor ($178.99 @ B&H)
Total: $1633.61
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2013-11-12 21:28 EST-0500)

- Spinny

I was looking at Gigabyte G1. boards but the smallest it seems they make them is mATX. They are black and green boards.