Thank you.
In the interest of trying to keep it under five minutes, I'll go quickly, but thank you for allowing me to speak today.
I work for Cadillac Fairview. Our property is the Pacific Centre, which is located kitty-corner to the Vancouver Art Gallery, which has been mentioned several times, as well as four blocks away from the Stanley Cup riots that occurred in 2011.
I'm here to talk about the effects of that event and those types of events on our tenants. The amount of damage, the amount of glass, the number of fires has been spoken about already. What hasn't been spoken about too much is the human condition: the number of people who were terrified that night, not just by the people who were there to celebrate winning or losing, but by the people who would be at their storefront wearing a mask. I believe it's a terrifying experience, if you are a shop clerk and you are standing inside your store and there is a protest or an assembly happening outside your store, to have somebody come up in a mask and make you feel unsafe.
That night we completed 17 different incident reports, ranging from theft from auto to break and enter to graffiti to mischief. I can tell you that in each of those situations, when we had to do the video review for it we found that there was a mix of people who would be silently or aggressively egging on other people to do the act. The people who were usually doing the egging on of the people would be the ones who were wearing masks. Prior to the start of the game, and certainly by close to the end of the game, when the mood started to shift, you were able to see that there were plenty of people who were clearly prepared for what they wanted to do that night.
This essentially put that property into a safe lockdown mode, meaning that our 100 retailers who were there and their staff were forced to try to find a way home. We have six office towers connected to the Pacific Centre, and when I say that we did 17 incident reports on various things, these don't include the dozens of different times that we had to send security guards to escort either a lawyer, a banker, or a retailer from their office through the crowds to transportation to get them away from there.
Since then, with every incident we've done a review. We compiled more than 114 hours of CCTV footage. The estimated cost of damage to us and to some of our tenants, such as TD Bank, Sears, Aritzia, H&M, Blenz Coffee, AI culinary school, Holt Renfrew, Tip Top, SportChek, as examples, is over $1 million. We had one employee's car flipped over and torched while they could only stand by and watch.
To put it into perspective, the Pacific Centre covers almost four city blocks on two sides. Every single business along those two streets was affected in one way or another. Since we are across from the Vancouver Art Gallery, this also touches home for us, because we see a lot of the protests, the lawful gatherings. We're happy to see those happen.
We also unfortunately see when some of those things start to devolve. I can tell you, being an observer literally across the street, that it begins to develop by having a few people involved who wish to get into the middle of it and, as was mentioned earlier, for lack of a better word, hijack that event for their own purposes. It creates a very unsafe environment for the people who are there to lawfully protest, it creates a very unsafe environment for the people who work and live in that area, and it makes it very difficult for the message that would have started at 12 noon on a nice day with banners and chanting. By 3 o'clock that message is entirely lost, because the event has been taken over.
Thank you.