The people behind some of Western Australia's biggest music festivals are giving life back to an iconic live music venue in Fremantle as the city undergoes some of its biggest changes in decades.

Freo.Social is the multi-million dollar redevelopment of the historic Artillery Drill Hall site and is the concotion of Triple 1 Three, the team behind Myaree microbrewery Otherside Brewing.

The highly anticipated project is slated to open in March 2019 and will include an entertainment hall, co-working spaces, artist workshops, food trucks, catering and beer gardens and total capacity for 850 people.

Freo.Social director Dave Chitty and head brewer Rhys Lopez are pumped about the new Freo venue.

Another element of the new attraction is the Otherside Brewshed, a fully operational microbrewery on site where head brewer Rhys Lopez and his team plan to release one experimental beer a week.