Here are some pics of my setup. This is just the workshop, not including storeroom and garage. Total space for all of those is around 700 square feet.
Rocket Bench
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Mechanical Bench
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Storage under the mechanical workbench works well. The pullout (on slides) parts washer is very convenient given how infrequently I use it. It is out of the way but can still be used in about 30 seconds if needed.
Don’t put your tools up too high on a pegboard. You need a ladder to get to the higher ones!
Electrical Bench
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Mill
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Some good racking is essential for keeping things under control. Big plastic buckets keep dust of everything.
The whiteboard is sliding on tracks so I can get to the things on the shelves behind it. That works very well.
Lathe
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The shelf above the lathe is great for productivity. Everything you need is at your fingertips. Chuck keys, chuck jaws, quick-change toolpost holders, oil can, centers are all readily available for use. One useful addition I would like (and am lacking currently) is a power point near the lathe (away from any splashing coolant!) for when using toolpost grinders or other powered accessories.
If you have space, put a compressor up out of the way somewhere and provide a reticulated compressed air system. So convenient not having to get hoses out and run them to the compressor each time you need to use air. Just hit a switch on the wall to fire up the compressor, fit the air accessory and work!
