Robert Morris which furnished leading hotels and some of the finest liners built on the River Clyde, including the Queen Mary and the QE2 sold its business brand four years ago due to changes in the business climate.

Now Robert Morris is building the 30-acre Morris Park which will contain 175 units of small workspaces for artisan crafts, work zones and small factory and warehouse units with space for 3,800 people over the next three years.

Mr Morris also owns runs equestrian centre near Fenwick in Ayrshire.

A total of 250 invited guests will attend the opening of the first phase of the new development tonight, The Herald reports.

The first phase comprises of 17 units.

The balance of a further 60 units will be built over the next 14 months. Rentals have started and, after acquiring a three-acre neighbouring site from John Hillhouse Properties, the Morris Group currently has 52 tenants.

The Morris Park site will have a cafe, restaurant, bar, gym, creche, 100 CCTV cameras and 24-hour security.

The business park will cater for a wide range, from one-person operator from month to month, to larger-scale offices on 10-year leases.

Tenants will be offered a “dragalong” lease, which means that if they sign a lease for five or 10 years, they can move to larger or smaller units to suit their business needs without penalty.