One New Change, the City of London’s largest and newest shopping destination, opened on Thursday 28 October.
The City mall on Cheapside, in the heart of the City, includes Barbecoa, a new concept restaurant from Jamie Oliver and Adam Perry-Lang, an as yet unnamed restaurant from Gordon Ramsay, flagship fashion stores and unique one-off speciality shops, all set overlooking London’s most famous landmark, St Paul’s Cathedral. One New Change is also home to one of London’s highest public roof-top terraces, with spectacular new views of the cathedral and the London skyline.
Designed by internationally-renowned Pritzker Prize-winning architect Jean Nouvel, with Sidell Gibson as delivery architects, One New Change comprises 31,000 square metres commercial and 21,000 square metres retail space. The development is set to lead the transformation of the City into a seven-day shopping and leisure destination.
Hoare Lea designed the office and retail MEP systems for One New Change and provided specialist advice regarding vertical transportation, together with sustainability and energy systems expertise.
Working with a highly complex geometric form, One New Change complies with Part L 2006 and will realise the Mayor’s target of generating 10 per cent of its energy needs from renewable sources. A pioneering energy system combining open loop bore holes (which extract and discharge water from the underground aquifer) with 219 closed loop energy piles, will maximise the renewable energy contribution.
One New Change was awarded the highest accolade in the 2010 MIPIM Architectural Review Future Projects Awards after being announced as both Overall and Mixed Use Winner.
Robert Noel, MD of Land Securities London Portfolio commented: “One New Change has been designed in sympathy with its rich architectural surroundings. The City mall will bring high-street brands, independent shops and unique concept restaurants to the City, to complement its world-class financial services and the area’s extensive repertoire of museums, art galleries and breath-taking architecture.”
For more information on the opening of One New Change go to:
http://www.onenewchange.com/opening-day.aspx
Facts & figures
• One New Change stands at 560,000 sq feet (52,024 sq metres) and is the equivalent of just over 12 football pitches, with 220,000 sq feet of retail space and 330,000 sq feet of office space
• The external cladding is made up of 6,500 glass panels of different sizes and shapes, of which 4,300 are individually hand crafted
• Once finished, half a kilometre of perimeter wall will have been built and 330,000 bricks will have been laid (at its peak, 12,000 bricks were delivered every week)
• The Square Mile is linked to one in six jobs in the capital
• 9,200 people currently live within the City (80,000 living on the fringes)
• 340,000 people work in the City of London, and 112,000 of those are based within a 10 minute walk of One New Change
• One New Change will be the home to 3,000 office workers
• 69% of workers in the City are aged 20-39 - and 18% are 40-49 years old
• The City has 12,000 firms, 7,855 of which are in finance or business. There are 264 foreign banks and 618 legal firms
• Of the 12.95 million annual footfall at St Paul’s station, 5.1 million (39%) occurs outside peak commuting times. 32% of off-peak exit and entries are at weekends
