South America’s Most Iconic City Greenlights the Construction of the World’s Tallest Residential Tower

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The construction of the world’s tallest residential tower has taken shape as South America’s most iconic city issues its approval. The city of Balneário Camboriú in southeast Brazil has approved the construction of the 544m-tall Triumph Tower. Once completed, it is expected to be the world’s tallest residential building. It’s set to be located on the Barra Sul waterfront, already home to some of South America’s tallest buildings, including the two 294m Yachthouse Towers and the 290m One Tower. It is set to be located on the Barra Sul waterfront, already home to some of South America’s tallest buildings. This includes the two 294m Yachthouse Towers and the 290m One Tower. The project is being developed by FG Empreendimentos, a company co-founded by local businessman Jean Graciola.

The Significance of the World’s Tallest Residential Building in Brazil

The construction of the world’s tallest residential building in Brazil is expected to bring forth profound benefits. Firstly, Balneário Camboriú, in Santa Catarina state, is a major tourist destination. Its population of 150,000 swells to about a million during the summer, making it one of South America’s most iconic cities. “The future is great, and we are ready to build it,” said local businessman Jean Graciola.World's Tallest Residential Tower

He added that no official renderings of the tower had been released but that it would have 100 floors and a gross floor area of about 150,000 sq m. Once completed, the 544-m-tall Triump Tower will be a signalling hallmark of the booming real estate in the area. Furthermore, the building is expected to be a defining landscape that is set to redefine Balneário Camboriú’s skyline. The project is also set to help boost the tourism industry in the city and earn revenue at local and state levels. 

Insight into the Contractors Involved in the Construction and Implementation of the Project

Among those from Santa Catarina, FG Empreendimentos is the largest company in the segment. The construction company rose six positions in this year’s ranking, making sense it would be an exemplary choice in the construction of the world’s tallest residential tower. The size reflects the delivery capacity and is related to the construction company’s overall performance. FG Empreendimentos, headquartered in Balneário Camboriú, designs the largest skyscrapers in the country. This includes projects such as the largest residential building in Latin America, endorsed by the CTBUH. The company leads the list in the state, appearing as the eighth-largest construction company in the select national ranking that points out the 100 largest companies in the sector in Brazil in 2024.Balneário Camboriú - The Skyscraper Center

Other Significant Projects Setting Pace to Redefine Brazil’s Infrastructure

China and Brazil signed a 30-year franchise agreement for a new 1,468km high-voltage transmission line. The project seeks to bring renewable power from Brazil’s remote northeast to the country’s more populated center. The Brazilian Electricity Regulatory Agency and State Grid Brazil Holding Company, a subsidiary of China’s State Grid Corporation, signed the concession at the Presidential Palace in Brasilia. It’s the biggest of several transmission projects Brazil auctioned in December, representing an investment of around $3.6bn.

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