Zwischen Deichtorhallen und Baumwall liegt im Freihafen die hundertjährige Speicherstadt, der weltgrößte zusammenhängende Lagerhauskomplex.

The Speicherstadt is a tourist attraction in Hamburg. There are several museums like the Deutsches Zollmuseum (German Customs Museum), Miniatur Wunderland, a model railway, the Hamburg Dungeon, and the Afghan Museum.

The buildings are also used as warehouses. As of 2005, the companies in the Speicherstadt handled one-third of the world's carpet production, and other goods as cocoa, coffee, tea, spices, maritime equipment, and electronic goods