I think you've right, it could have a space-like vibe. Plenty of nooks and crannies and places to get lost in and new areas to discover.
Don't go too up market and flashy (the balcony vip area is fine) so has a bit of a warehouse vibe, but not scruffy with poor facilities like a warehouse
Guess time will tell.
Although if lots of places are thinking of renovating for 2022, probs want to get things moving soon or might find shortage of trades people. (Even with the typical ibiza finishing the work as the doors open type thing)