The cover and cut top-down methodis a widely used construction technique in subway station construction projects, and the implementation effects of steel pipe columns as key components for load-bearing and force transmission, directly affect the structural safety and construction quality of the entire subway station project. Taking the Xili station project of the Shenzhen Huizhou intercity railway as the research object, the construction process of large-diameter and ultra long steel pipe columns is elaborated in detail. The selection of crane during the hoisting process of steel pipe columns is determined, and the force analysis of the lifting ears is carried out to set a reasonable lifting point position. The technology of inserting piles and correcting verticality for large-diameter and ultra long steel pipe columns is proposed. The results show that selecting a crawler crane with a long arm as the main and auxiliary crane for lifting large-diameter and ultra long steel pipe columns. The length of the main lifting point position is set to three times that of the auxiliary lifting point to minimize the deformation of the pile body, and the tensile, shear, and combined stresses of the lifting ears meet the allowable values of the material. A new type of vertical adjustment device is used for pile insertion and correction during pile fixation, which can reduce installation errors of steel pipe columns. The research results can provide reference for the construction technology of steel pipe columns in similar subway stations in the future.