$700 for a bed? San Francisco startup plots ‘sleeping pod’ expansion

Can’t afford to rent an apartment in San Francisco ? No problem. Now you can rent a bed.

Brownstone Shared Housing , a Bay-Area based “sleeping pod” startup, recently bought a six-level building in downtown San Francisco with the intention of housing up to 400 pods. The deal, first reported by the San Francisco Chronicle , represents a huge expansion for the company, which is currently operating about two dozen sleeping pods at a much smaller location in the city.

The company, which transforms commercial office space into residential space, charges $700 a month for the pods. Each pod contains a twin-size bed and can be stacked on top of one another, in a similar vein to Japan’s sleep capsule hotels. Tenants of Brownstone buildings also have access to a shared kitchen, bathroom and w