Chile to get tallest residential towers

SANTIAGO, Chile, May 12 (UPI) -- A Spanish development group says it intends to build the world's tallest residential tower in Chile.

The $600 million "Lighthouse of Chile" project would consist of one 84-story tower flanked by two 74-story towers, the Santiago Times reported Sunday.

Julio Noval, president of the development firm Mall, said his company is looking for the right location for the buildings and intends to have them erected in the next three years.