In recent years, with the popularity of indoor nostalgic spaces simulating the past streetscapein major cities, Chu Feng Han Wei food street area in Wuhan has been widely acclaimed. This studytakes Chu Feng Han Wei food street area as the research object, and applies participatory observationand rooted theory research method to investigate the effect of nostalgic space on the construction of“storage memory” and the construction of “functional memory” for nostalgic spaces, and focuses onthe consumption function of cultural memory, in order to explore the connection between mediatednostalgia and the place and the audience. The study finds that nostalgic spaces complete the temporalconstruction of cultural memory by selecting image-based storage memories, supplemented by text andplaces, so that tourists can establish self-identity through the recollection of the past daily life and therelease of emotions; nostalgic spaces complete the spatial construction of cultural memory by selectingtext- and place-based storage memories, supplemented by image-based storage memories, so thattourists can extend the impression of the city within the space and establish the identity of the place atthe same time. The nostalgic space completes the spatial construction of cultural memory by storingmemories of texts and places, so that tourists can extend their impression of the city in the space and atthe same time build up their identity of the place; the embedding of the function of consumption alsomakes the nostalgic space a complex with multiple functions. The study focuses on the constructionand consumption process of cultural memory in Chu Feng Han Wei food street area as a nostalgicspace, with a view to broadening the boundaries between the study of media memory and the study ofmaterial media intermediaries.