Historically the Sullivans Cove area of Davey Street was a significantly quieter stretch of road, greatly utilised by shipping activities as part of the former Wapping district.

Throughout the 1800s, Several smaller factory buildings facing Davey Street were operated by the Van Diemen's Land Company and merchants AG Webster & Son.

The main section of the tram terminus was located directly opposite on Macquarie Street and its original offices, store and entrance arches all remain, with the latter being incorporated into newly built structures.

The site housed a General Motors showroom, bodyworks and service centre specialising in Vauxhall and Bedford trucks.

[5] Prominent buildings in the street include the Tasmanian Museum & Art Gallery, Hobart City Council Centre, the Executive Building (which houses the Department of Premier & Cabinet), the Hotel Grand Chancellor, Federation Concert Hall, the Hobart Real Tennis Club, and the former Davey Street Telstra exchange (now apartments).