 Development principles include conserving and reusing historical buildings for a range of activities.Under the masterplan, the Woolstore Precinct will continue to primarily accommodate mid-rise multi-unit dwellings and detached residential dwelling, along with small shops, offices and restaurants at ground level.Existing buildings of heritage significance are retained, and new buildings nearby are complementary to their scale, character and setting, maintaining the dominance of the former Woolstores and other historical structures and preserving the amenity of these area.