We have two areas in our loft mostly dedicated to storage - the pantry and Evie's room. Right after we moved in, I painted out an old bookcase and stuck it in the pantry/laundry room and sort of filled it with whatever had been put in the room during the move.
Somehow all of our tools got put in Evie's room, which is super annoying because I usually need the tools when Evie is napping! I don't know how I lasted this long, but I'm finally get our house really, really organized. I made a game plan last week:
Sewing machine and supplies
Accessory kitchen appliances
I want the pantry to sort of act like our garage. I considered getting a big tool box to organize everything, but space is pretty tight. I found a 36" wide lateral file cabinet on Craigslist that I think will work perfectly for tool storage with very easy access. And I like that I can lock the drawers to keep the girls out of the sharp stuff.
Buying a tall file cabinet reminded me of this project from Mary McDonald's office featured in Domino years ago. She photocopied a sample of her favorite wallpaper and had kinkos blow up the image to fit the drawer fronts.
A version of this project could be fun for my cabinet, but I'd maybe go a little more subtle with the pattern.