Eric Wright Civil Engineering has started work on Burnley Bridge Business Park, the 70-acre employment site next to junction 9 of the M65.
Leeds-based developer Eshton secured a £3.85m grant from the European Regional Development Fund and a £2.4m loan from Lancashire's Growing Places Fund to pay for the access road and bridge across the Leeds-Liverpool canal.
Work will start in the autumn on the first buildings on the £50m business park; a 61,500 sq ft warehouse refurbishment and 29,000 sq ft of speculative new units, ranging from 3,000 sq ft. Dove Haigh Phillips of Leeds and Trevor Dawson of Blackburn and Burnley have been retained as letting agents.
James Chapman, managing director of Eshton, said: "It is tremendous that work has now started on site. The access road goes right into the heart of the park and its construction means that Burnley Bridge Business Park can now start to welcome occupiers to this fantastic site."
Chapman added: "Significantly, some larger occupiers have been looking at the site and some have been enquiring about a unit in excess of 500,000 sq ft. There aren't any other sites in the East Lancashire region where you could build something like that, especially with access straight onto the motorway network."