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 toreports, and they’re now seeking restitution.
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.
