220-Story Building Sky City (Photo: BSB) |
The company said it plans to build five floors a day. To achieve this, it is set to assemble 95% of the building in its factory before a single shovelful of dirt has been moved at the actual build site.
BSB will be employing a total of 3,000 workers for the project.
To stand 838 meters in height, the skyscraper will rise in the city of Changsha, Hunan in south-central China.
Most of the tower's 220 floors will be apartments for 174,000 people, and the rest will house a hotel, school, hospital, offices, shops, and restaurants.
Dubbed Sky City, the proposed building will have total floor space of 1.2 million square meters.
Estimates put the cost of Sky City at $1500 per square meter of floor area.
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