What is the space going to be used for other than the pool table?

the first 12'-14' of the room is for TV viewing and conversation, the remainder is where the pool table resides. Thinking of a possible bar/counter at the point where the room could be divided.

I wouldn't build something in like that - it would constrict your space more than necessary.

A more subtle approach would be to utilize a change in ceiling height/material, a hanging light fixture over the pool table, and the arrangement of furniture and a large area rug in your seating area over a hard-surface flooring throughout the room are much better ways to define separate spaces.

Thanks. This solution would likely be a cheaper way to go too (much like what my wife was thinking!) We currently have carpet over the entire space- we were wondering what type of hard surface would work for a basement floor. Also, would love a light over the pool table- just haven't found the right one yet...not sure where to look.