The Strawberry Fields Digital Hub in Chorley has been handed over to the council by contractor Willmott Dixon.
The £8.4m development off Euxton Lane, totals 40,000 sq ft of workspace for creative and digital businesses, and includes superfast broadband and on-site digital support, as was as a university advisor.
Chorley Council will operate the facility, with the space currently being marketed to tenants.
The building was part-funded by a £4.1m grant from the European Regional Development Fund. The architect was Howarth Lichfields.
Cllr Alistair Bradley, leader of Chorley Council, said: “It’s been a major coup for us to secure European funding for the site, which demonstrates the confidence in what we are doing to introduce this, not just for Chorley, but to serve the whole of Lancashire.
“The fact we have got dedicated business support and a university advisor on site means companies will have all the help they need to develop their products or service and grow it to maximise return.”
The internal fit-out is set to complete in the summer.