Menu
Oracle asked to help low-income residents evicted for its new cloud campus

Oracle asked to help low-income residents evicted for its new cloud campus

New, 560,000-square-foot complex will expand Austin staff by more than 50 percent

Earlier this week Oracle announced that it's planning to build a brand-new cloud-computing campus in Austin, Texas, but since then a darker backstory has come to light.

Roughly 100 low-income families were hastily evicted this summer from an apartment complex on the land in order to make it available for the sale to Oracle, according to reports, and they're now seeking restitution.

Though some of the former tenants of Lakeview Apartments had leases through the end of the year, they were reportedly forced by owner Cypress Real Estate Advisors to move out early. Some have said their security deposits were not returned, and they have had no assistance as they've struggled to find comparably priced housing.

A group of former tenants reportedly gathered near the site of their one-time home Wednesday to protest and to appeal to Oracle for assistance.

Oracle declined to comment. Neither Cypress nor City of Austin officials responded to a request for comment.

Oracle plans to collaborate with local firms to design and build the new campus in a phased approach beginning with the construction of a 560,000-square-foot complex and parking development on the waterfront of Austin’s Lady Bird Lake. As part of its effort to attract millennial talent, it will also buy an adjacent 295-unit apartment building for employee housing, it said.

The move will expand Oracle's Austin staff by more than 50 percent over the next few years, particularly in its Oracle Direct cloud sales organization.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Reseller News Innovation Awards 2018: meet the top performing partners

Reseller News Innovation Awards 2018: meet the top performing partners

Reseller News honoured the industry’s finest on a standout evening for the New Zealand channel, recognising the achievements of established partners, emerging players and innovative start-ups, in front of over 460 technology leaders in Auckland.

Reseller News Innovation Awards 2018: meet the top performing partners
Champagne Reception kicks off Reseller News Innovation Awards 2018

Champagne Reception kicks off Reseller News Innovation Awards 2018

More than 460 channel leaders came together to toast the top performers of the New Zealand industry, during the opening Champagne Reception at the Reseller News Innovation Awards 2018 - in association with Techbuyer.

Champagne Reception kicks off Reseller News Innovation Awards 2018
Chasing innovation: how Kiwi partners can create a new customer agenda

Chasing innovation: how Kiwi partners can create a new customer agenda

This exclusive Reseller News Roundtable - in association with Rhipe and Microsoft - detailed a blueprint for customer success, outlining the new role of the modern-day partner and wider network in New Zealand.

Chasing innovation: how Kiwi partners can create a new customer agenda
Show Comments