Might mean (unverified): Workshop and residence combined; artisanal hub.
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We found one dictionary that defines the word shopstead:

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  1. shopstead: Wiktionary

Definitions from Wiktionary (shopstead)

verb:  To buy and renovate abandoned shop facilities that are offered for sale inexpensively as part of an urban renewal policy.
noun:  A commercial building that has been or is being renovated as part of a shopsteading program.

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