Taiwan’s former industries, such as sugar, alcohol and tobacco factories, have been forced out of production due to changes in the business model or from the impact of globalization and now these industrial complexes lie idle. This industrial heritage is very different from the generally understood traditional cultural heritage and monuments. Currently in Taiwan the question of how to preserve, reuse and transfer old industrial buildings into a base for cultural and creative industries is an extremely relevant concern for government, academics and local organizations. In this article, we explore some overseas cases that concern the issue of industrial heritage and then further discuss a case history from Taiwan, namely the preservation, restoration, reuse, and management of Taichung Creative Cultural Park. In conclusion, the article considers the interpretation of cultural connotation and the inner values of a pluralist society by means of the recent achievements in Taichung Creative Cultural Park.