I don't have as much space as you but I like my fabric organized with fat quarters in one place and yardage in another. I organize my fabric by colors. There is also a spot for fabric that doesn't fit into the specific color category theme. Rulers in one space, I need pegboard for them. There is an area for each different thing. Love having room. We are discussing downsizing. I told my DH I won't move to a house without a sewing room.