The building permit approval ensures that Springbank Lux Condos meets the Ontario Building Code standards and the City of London’s Zoning By-Law, preparing the development for the construction phase.

Springbank Lux Condos is a nine-storey luxury residential project consisting of 175 condo suites, 11 luxury townhomes, and four ground-floor commercial units. It is situated in one of London’s most strategic locations within walking distance of the scenic Thames River and a short eight-minute drive to downtown London.

Each residence at Springbank Lux has been designed with modern living in mind, offering spacious open-concept layouts, premium finishes, floor-to-ceiling windows, and private balconies that take full advantage of the area’s natural beauty. Amenities are expected to include a fitness centre, indoor pool, lounge and entertainment areas, landscaped courtyards, and concierge service, establishing a new benchmark for boutique living in London.

Construction is scheduled to begin in the Spring of 2026, with occupancy anticipated in 2028.

“Springbank Lux represents our commitment to creating thoughtfully designed communities that bring together architecture, livability, and long-term value,” AvranceCorp Developments CEO and founder Samuel Babarinde explained. “London is a city on the rise, and this project is a defining step in our expansion across Ontario’s high-growth urban markets.”

“Springbank Lux is designed to reflect AvranceCorp’s ‘concept-to-creation’ philosophy, integrating every phase of development under one vision to ensure excellence, efficiency, and sustainability,” AvranceCorp executive vice president and partner Ravi Thakur added. “This development will be a cornerstone in London’s continued urban evolution.”

AvranceCorp is currently engaging with pre-construction investors and strategic partners as part of its development rollout. Early response to the project has been highly positive, with significant interest from both end-users and investors drawn to London’s strong economic fundamentals and the project’s boutique scale.

To learn more about upcoming smart communities, or for more information on other AvranceCorp projects, please book a free consultation at 647-368-7108 or visit www.avrancecorp.com.

Forward-Looking Statements:

This release may contain forward-looking statements relating to the future performance of Springbank Lux Condos. Such statements involve risks and uncertainties, and actual results may differ materially due to various factors including regulatory changes, construction timelines, and market shifts.