I have a large sewing room and a walk in closet which hubby remodeled for me during this past year. then after making it look really pretty he didn't want me to hang my peg boards in it, so he put 2 of them in the basement, which is next to my sewing room - works great for me.
I use the one for my embroidery hoops and quilt rulers, and the other for my go and studio dies:
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