Huffington Magazine Issue 20 | Page 46

NORTH BEACH MARINA PACIFIC HEIGHTS RUSSIAN HILL NOB HILL CHINATOWN FINANCIAL DISTRICT DOWNTOWN/CIVIC CENTER WESTERN ADDITION SOUTH OF MARKET PHOTO OR ILLUSTRATION CREDIT TK AN EXPANDING PORTFOLIO The Academy of Art University’s physical footprint in San Francisco has expanded alongside student enrollments. The school has amassed a real estate portfolio worth at least $320 million (red dots on map correspond to university properties). To accommodate new students, the Academy has purchased 28 buildings throughout San Francisco over the past decade. The school’s growth has caused rifts with preservationists and city officials, who argue that the Academy is displacing a dwindling supply of affordable housing in the nation’s most expensive real estate market. POTRERO HILL DIAMOND HEIGHTS BERNAL HEIGHTS PHOTO OR ILLUSTRATION CREDIT TK GLEN PARK BAYVIEW