Roundhouse Properties will start work on its speculative office development at South Rings, Preston at the end of August.
The £8m scheme will deliver 60,000 sq ft in 23 units ranging from 750 sq ft to 6,000 sq ft. The development will be staged over three phases.
Roundhouse Properties director, Harold Lefton, said: "We've had great success with our South Preston Office Village during one of the worst recessions in history and it is our intention to mirror that success at South Rings.
"South Rings is well known in the property industry as a good location as it sits directly on the M6-M65 interchange and will provide the perfect base for any business wishing to make the most of the excellent motorway infrastructure.
"We are now in the process of planning the build stages and hope to be on site very soon."
Roundhouse Properties has appointed Bailey Deakin & Hamiltons and King Sturge LLP as agents for the development.