The northern section of Macquarie Street was initially a path through the Governor's Domain leading to Bennelong Point. After Government House was moved further up the hill, the path was widened and became part of Macquarie Street, leading to land to the west of the street being sold off for commercial development in the 1840s-1850s. Today, this northern section of Macquarie Street runs along the eastern side of Circular Quay. To the east of this northern section is the Royal Botanic Gardens, while to the west of the street, the historic sandstone Moore Stairs, built in 1868 leads to the waterfront. In the past, this area was lined by warehouses and other shipping-related facilities focusing on the wool trade, leading to this section being called the "wool stores" end. At the end of the street was Bennelong Point. From 1821 this was the site of Fort Macquarie, which in 1901 was demolished to make way for the Fort Macquarie Tram Depot, which was eventually demolished in 1958 to make way for the Sydney Opera House.