I've attached an article on the engineering principles of Control Modulus Columns (CMC), which are a modern day alternative to the old vibro-stone columns. Many of the principles still apply.
I don't know what soils you're up against, but in my area the old stone columns have been entirely superseded- very few contractors are able to install them to satisfaction...if the soil conditions aren't clearly defined there is a risk of poor performance and serious cost overruns, particularly with very soft clays where the vibro stone extrudes into the surrounding clays.
I'd recommend that you run your proposal past an experienced contractor at an early stage of design- there may be serious limitations that you're not aware of.
All the best,
Mike