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Case Study: 390 Bay St.

Standing tall at the corner of Bay St. and Richmond St. West in downtown Toronto, 390 Bay is a 400,000+ sq ft office tower that houses approximately 2,000 occupants, most of them working for the building’s owner, Munich Re.

Managed by Avison Young, the nearly 50-year-old building is a participant in BOMA Toronto’s race2reduce program. Last year, it won the program’s CREST award in recognition of the 418,312 kwH in energy savings it achieved during its first year of race2reduce (CHECK). 390 Bay also holds the BOMA BEST Gold and Energy Star certifications, and is working on a Certificate of Excellence application.

Using real-time electricity monitoring and an energy management action plan (EMAP), the building’s management has made great strides in improving its energy footprint and achieving high environmental standards. The team of building management and operations tracks its progress monthly, taking a holistic approach to energy savings by implementing immediate energy efficiency measures as well as creating an ambitious long-term plan.

“Race2reduce creates a competitive foundation for property managers and management companies to pull together to explore different energy reduction tools,” explains Lisa Liang of Energy@Work, the consulting firm which helped 390 Bay develop its EMAP. “Many property managers use the tools that are developed through race2reduce as a framework for igniting where they can begin with their environmental and energy strategy.”

The building’s operations team has really gravitated to race2reduce. The team has excelled in thinking of ways to reduce energy use.

In addition to its impressive energy savings, the building has recently completed a major lobby renovation. Its fresh, bright look aligns with the surrounding buildings and provides comfortable seating areas and a lobby-level coffee shop with a second-floor seating area. There is space for people to eat, drink, meet or have a quiet moment.
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In 2020, the building will see the existing pneumatics replaced with digital temperature controls for improved tenant comfort. A new security system, upgraded windows and other upgrades are also on the list. The team looks forward to more tenant engagement and education events, including an eco team that will address waste management and continue to advance the environmental and CSR goals which are so important to Avison Young and to the building’s owner and primary tenant, Munich Re.
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Address

Munich Re Centre
390 Bay St.,
Toronto
​M5H 2Y2
Phone

T: +1 416 947 9392
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Copyright Avison Young 2020.
  • HOME
  • About
    • Location
    • Gallery
  • Tenant Services
    • Construction Updates
  • Awards
  • News
    • Race2Reduce
    • Enery@Work
    • 2019 Crest Awards
  • Contact