According to the John Russell Partnership, based in Coatridge, just outside Glasgow, the 140m-tall landmark will follow the precedent set by similar schemes in metropolitan cities such as Vancouver and Paris.
The skyscraper will be 42 storeys high, 12 of which will house commercial space, with the rest comprising 200 residential apartments. The scheme will be located on the banks of the River Clyde, in the Parkhead area of Glasgow.
The project has been influenced by the One Wall Centre in Vancouver, designed by Canadian practice Busby Perkins + Will - a 40,000m 2, 48-floor eye-shaped hotel and condominium complex.
Project architect Bob Ramage told the AJ: 'We went to look at the One Wall Centre because it's a mixed-use scheme right in the middle of Vancouver, a city comparable in size to Glasgow.
'High-rise buildings have a big part to play in the modern urban fabric.'
The architect was appointed by an anonymous consortium of private developers in May and hopes to submit designs for planning approval early next year.