The concept of palimpsest space in architecture is used to describe spaces where past and present meet and overlap, carrying traces of the past and entities of the present at the same time. Therefore, palimpsest spaces are valuable in creating a sense of belonging by preserving the memory of society. This study examines the Yukarı Neighbourhood Women’s Market, where traces of the past intersect with new uses of public space. Yukarı Neighbourhood used to be the commercial centre of Akcakoca until the early 1900s, and there was a weekly street market where only women could participate. Over time, the town centre lost its importance and its inhabitants, and the neighbourhood became almost abandoned. In 1996, the Yukari Neighbourhood and its surroundings were declared a conservation area. However, as the number of dilapidated buildings increased, the area attracted tourists when a local women's organisation started a street market in the same area as before, in 2013. This study examined this local revitalisation process and its outcomes through literature, city maps, zoning plans, population records, photographs and interviews. It was found that the new market is a successful attempt to revitalise the area. The market is well accepted by the public and supported by the local authority. This suggests that local communities have a vital role in regeneration, and that the reuse of public spaces can contribute to a sustainable future for conservation areas.