This was due to a variety of factors including limited availability of land for grazing and the rapidly growing popularity of synthetic fabrics.

Faced with dwindling sales, the Wool Marketing Association shut down in 1959 and the warehouse itself eventually followed suit in 1972.

[3] Since 1994 it has been owned by Youth Development, Inc., a local nonprofit, and has been used sporadically for concerts, dances, and other events.

The warehouse is a two-story red brick structure with 40,000 square feet (3,700 m2) of total space.

The interior of the building shows an Egyptian influence, most notably in the design of the 36 supporting columns.