Academy of Art University

Built World

Leasing three former dorm buildings to The Residency; preparing to sell 10 downtown buildings for about $130 million, per a Chronicle listing brochure

A Pacific Heights building that once housed Academy of Art University students now hosts about 20 startup founders. They pay about $2,000 a month for three-month residencies at 1916 Octavia St., one of three buildings the university leases to The Residency, a founder hostel with four San Francisco locations.

Updated Oct 26