The development has been constructed from recycled shipping containers has opened on Dundee's waterfront and will be based at the former railway goods yard, Seabraes.
It has been designed for early-stage firms in the creative industries sector.
Its first tenant has been announced as Scottish design-led travel bag brand LAT_56.
Scottish Enterprise has estimated that District 10 will contribute up to £10m to the Tayside economy over the next decade.
Mick McHugh, Scottish Enterprise's Tayside Location Director, said: "District 10 is a fantastic addition to Dundee's Waterfront, with its distinctive look ensuring it is a landmark in an area fast becoming a hot spot for creative companies. This exciting office development will stimulate economic growth both for Tayside and the wider Scottish economy.
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"The creative industries sector contributes more than £3.2 billion to the Scottish economy, so it's vital that we have the right infrastructure for early stage creative companies. The building can flexibly accommodate up to 15 companies and is already attracting interest from other potential tenants.
"It's entirely fitting that the first company in District 10, LAT_56, offers exclusive design-led products. When it opens, the V&A at Dundee will be a few minutes' walk from District 10 and will showcase cutting edge design exhibits and architecture."
The District 10 project is being delivered by economic development agency, Scottish Enterprise, as part of the ambitious Dundee Waterfront regeneration project. It is being joint funded by Scottish Enterprise, the European Regional Development Fund, Tayside charity Matthew Trust and the Scottish Government.
Construction work at the site was carried out by Maxi Construction.
When completed the waterfront development will span 240 hectares of land stretching several miles along the River Tay.
(JP/MH)
