Phase three of the Discovery Park development on Whisby Road will include construction of four new units for companies including Howdens, Screwfix and Brewers.
The work follows completion of phases one and two, which saw the creation of a new home for Lincoln Precision Engineering and 15 industrial units for North Kesteven District Council.
The development has been brought forward by local company Lindum Group, which owns the land, in conjunction with property agents Banks Long and Co.
The next phase of work will see Lindum’s BMS division on site until next July with the trade counters expected to be open a few weeks later.
The scheme will continue development of the seven-acre Discovery Park site, which has so far created 60,000 sq ft of employment space and generated opportunities for around 100 jobs.
Lindum development manager Matthew Carter said, “It is great to see three well-known, national operators signing up for units at the business park before construction work has even started.
“Their commitment to this new development it also a sign of confidence in the wider Lincolnshire economy, which is welcome news.
“Construction will continue until the middle of next year and once complete, the four units will contribute to the vibrancy of this growing business park.”
Screwfix is a retailer of trade tools, accessories and hardware products while Howdens is a supplier of kitchens and joinery products for the building trade. The third unit will be taken by high-end decorator’s merchant Brewers.