"my current basement Shop "
This is my current workspace, the 800 square foot basement of my current residence. It is limiting in space, as well as headroom as it only has 6'2" ceilings. After I gutted the space, I reinforced the above trusses to eliminate some of the bounce in the above floor, relocated the water heater, plumbing, ducting, and some electrical. Then I insulated the walls and ceiling, surfaced it all with OSB plywood, added some eleven light fixtures, ran a slew of power outlets, plumbed it for pneumatics and dust collection, then added leveling jacks to all the benches and tables to allow for the 4 inch pitch in the floor for drainage.
I pretty well have it maxed out for tooling, but it's cozy....
My garage has the 20" thickness planer, the 20" Oliver patternmakers lathe, welding table, benders, rollers, welder, torch set, big lumber storage, and assorted metal storage cabinets.