About Us

ONE NEW CHANGE is Land Securities’ development located on Cheapside in the heart of the City of London.  It is London’s premium shopping destination, complete with cafés and restaurants from renowned chefs and flagship menswear and womenswear fashion brands, all set overlooking London’s most famous landmark, St. Paul’s Cathedral.

Shopping, eating and drinking
With brands including Topshop, H&M, Banana Republic, Reiss, Hugo Boss, All Saints, Dune, Office, Links of London and Swarovski, there is something for everyone from men's and women's fashion to accessories and jewellery.  Favourites Nando's, EAT, Byron and Zizzi's are joined by a concept restaurant, Barbecoa, from Jamie Oliver and Adam Perry-Lang, who have also opened a butcher's shop and a takeaway.

Gift card
The One New Change gift card is now available to buy online by clicking here.

The Building
One New Change is a contemporary building with a total of eight floors comprising offices on the top four floors, a public terrace at roof level on the sixth floor, and shops on the Lower Ground, Ground and First Floor. With around 60 stores spanning the three floors, One New Change is one of the largest shopping centres in central London, rivalling other London shopping hot-spots. A panoramic lift in the middle gives direct access to new and exciting views over St. Paul’s Cathedral dome.

The Architect
This iconic building has been designed by Pritzker Prize-winning architect, Jean Nouvel. The modernist building has 6,500 floor-to-ceiling glass panes in varying shades of red, grey and beige, flooding the floors with natural light. 4,300 of which are unique pieces.

One New Change will help to restore Cheapside to its rightful place as one of London's great commercial thoroughfares. The City mall is playing a leading role in the transformation of the City into a seven-day shopping and leisure destination. Whether you work in the City, are a tourist or a Londoner, One New Change is the newest place to relax and shop, away from the hustle and bustle of the West End.

Parking in the City of London is free at weekends after 11am on a Saturday - click here for more information.
For information on disabled parking in the City of London click here.
Barbican Centre parking is located just a short walk from One New Change. You can enter the car park via Silk Street or Beech Street. For information on the tariffs, click here.

Photo Booth
A new generation photobooth designed by Philippe Starck is now available at One New Change on the ground floor, Bread Street Mall adjacent to H&M.


Land Securities treats its responsibility for promoting a sustainable future for London as an integral part of its business. Of equal importance to its environmental credentials are the social and economic implications of One New Change. Making sure the development has a positive effect on local community is vital, both during construction and following completion.

Throughout the building process of One New Change, Land Securities has ensured the works caused as little disruption as possible to local residents, workers and traffic. In spite of the scale and complexity of the works, the construction firm Bovis Lend Lease was awarded the City of London’s ‘Considerate Contractor Gold Award.’

The One New Change development has also supported the community in the shape of BeOnsite, a targeted training initiative for the construction industry. This initiative saw Bovis Lend Lease working with their trade contractors to provide a wide range of training and employment opportunities on the site.

To ensure its positive long term economic impact on local communities, Land Securities has worked with the Cheapside Initiative, London Employers Accord, the City of London and the Mayor of London to establish the Cheapside Employment Charter, to which retailers in the area will sign up. Designed to encourage retailers to employ locally, the charter will be the first of its kind in London.

On an aesthetic level, as part of the City of London Festival, cityscape artist Richard Tait hosted a drop-by studio in the summer of 2009. He invited locals and passers-by to help him create an intricate and colourful mural on the hoardings that surround One New Change.


Sustainability has been central in the design of One New Change, which has reduced its carbon footprint by at least 10% through the use of renewable sources on site. This equates to a saving of around 900 tonnes of C02 emissions annually. The development has maximised its energy efficiency through the use of large-scale geothermal heating technology. This system means One New Change can be heated and cooled with extreme ease simply by using geothermal energy. Drilling to a depth of 150 metres, Land Securities has installed a ground source energy system which is the largest commercial application of the technology in Europe. As a result, One New Change has received an ‘excellent’ sustainability rating under BREEAM (Building Research Establishment Environmental Assessment Method), which measures the environmental impact of buildings.

The exterior skin of the building, with its pioneering glass coated in solar control glazing, limits heat gain which in turn reduces the amount of cooling required during the warmer months. The design has also set an air tightness target for the façade, which exceeds the current minimum requirements, to prevent heat escaping.

To relieve congestion and minimise the impact on the local community, One New Change has the largest single basement within the City at two levels below ground for deliveries to be made for both office and retail.

Contrasting with the polished interior and hustle and bustle of retail adrenaline inside, outside there is a sunken garden, an oasis of leafy calm on the busy corner of Cheapside and New Change along with ‘Green roof’ areas - a series of stepped terraces - that will encourage biodiversity in the centre of London.