Roundhouse Properties has started work on its £8m speculative office development at South Rings, Preston.
Work was due to start at the end of August but Roundhouse Properties said "the slight delay was due to ongoing discussions about access of utilities" and "nothing untoward".
The 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.
Jeremy Lefton, director of Roundhouse Properties, said: "We are committed to providing prospective and current tenants with a property solution that gives their business the platform for growth. We've had great success with our South Preston Office Village during one of the worst recessions in history and we are already getting enquiries about the new development at South Rings.
"The area 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."
Roundhouse Properties has appointed Bailey Deakin & Hamiltons and King Sturge LLP as agents for the development.