Repurposed factories and buildings from a bygone era continue to be all the rage, but it’s a novel approach to retail that could set this old Kensington woolstore apart.
The woolstore, among a collection of Melbourne buildings known as the Younghusband precinct, is currently being reimagined as an office, retail and dining destination.
The stunning historic buildings, which date back to 1906, form stage one of the precinct’s renewal project, which will be completed over the next few years.
Spanning four levels and 17,182sqm while retaining its original facade, the woolstore is to be the centrepiece of the development.
But the agents tasked with filling the new retail and hospitality spaces say it won’t simply be a matter of welcoming any cafe operator or clothing store that wants to lease a shop.
In a nod to the property’s industrial past, Fitzroy’s leasing director Rick Berry says they’re putting a premium on businesses that create their own goods on-site.