We could use a combination. On like a habitat the size of a large skycraper.
You can make it circular for artificial gravity. or..
Build up the mass with pure iron harvested from asteroids, moons, dwarf planets,
even ice.
High volumes of iron contained in the most common asteroid types contain iron,
nickel and silicone. Take the iron, which has the most mass and use it for your hull.
In fact you don't have to even have a wheel shape.
Best approach is to build it out of ice with rubble mixed with it, and use robots,
normal sized, micro sized and nano sized. To shape, build, and even repair the ship.
After its built you can coat it with gold electroplate to reflect radiation.
In combination with radiation shielding built into the hull, We will be able to filter all
harmful radiation.
You could use some kind of lensing system to focus and omit the rubble and
it would be crystal clear night sky, while at the same time being protected
by a 1000m or so ice/rubble mix.
You can build the ship to withstand small meteorites and below, and let the rest be
handled by the computer pilot.
But to go totally low tech just built a total ice/iron hull.
By using Micro robotics and nano technology we can ultimately control our own
design of the appearance of the ship with relative ease.
Once you get enough mass to create a small amount of gravity, you can use that, and with
electromagnetism you can experience a simulated earth gravity. Built into the ship design
will be an intricate wiring system, and with special magnetic boots and high amounts of
iron embedded in your clothing, you will get pulled downward by a false gravity well,
this shouldn't effect our bodies, but a real gravity well will eventually be required,
no matter the cost. Then we will be able to satisfy enough of our our basic gravitational
needs to start living long term in space.
I like the long cigar train shape, at the front and back are thruster ships and
magnetically they are all held together.
The wings will extend to utilize solar wind. When thrusting they will be withdrawn
into the ship, or ejected to be used by a following ship.
Nuclear micro thrusters in combination with solar sails will be used to reach light speed.
An don't tell me we don't have enough materials out in space to do this.
Just in our solar system alone we have it and doing it would be easier than
you'd expect.
Think UAV's and Nano technology, powering it is as easy as setting up a solar collector.
Once you do that power is never a problem again.
Set up laser charging stations in orbit around the sun, then beam microwave energy
to any target in our solar system at the speed of light, powering any ship, or station.
Once all these systems are in place the cost will be nil, and probably employ millions
of people.
You won't need a million supercomputers to operate this concept.
The key to success is in its simplicity.