Interesting idea maybe for wall between dining & living rooms ?! ... "Bookcase surrounding a door - would do this but keep it bungalow style with dark wood and see through to the other room. Great detailing!"
Small Workshop Storage Solutions: Eke out every cubic inch of storage in a basement shop with pivoting boxes that hang between the ceiling joists. http://www.familyhandyman.com/workshop/storage/small-workshop-storage-solutions/view-all