One New Change is a major office and retail development in the

City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London f ...

. It comprises of floor space, including of retail space and of office space and is the only large

shopping centre A shopping center ( American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known colle ...

in the

, the historic nucleus and modern financial centre of London. It cost £500 million to build and was completed in October 2010. The complex is located on New Change, a road linking Cannon Street with

Cheapside Cheapside is a street in the City of London, the historic and modern financial centre of London, which forms part of the A40 London to Fishguard road. It links St. Martin's Le Grand with Poultry. Near its eastern end at Bank junction, whe ...

, in one of the areas of the City historically associated with retailing and markets. It is close to

St Paul's Cathedral St Paul's Cathedral is an Anglicanism, Anglican cathedral in London and is the seat of the Bishop of London. The cathedral serves as the mother church of the Diocese of London. It is on Ludgate Hill at the highest point of the City of London ...

. The nearest

London Underground The London Underground (also known simply as the Underground or by its nickname the Tube) is a rapid transit system serving Greater London and some parts of the adjacent counties of Buckinghamshire, Essex and Hertfordshire in England. The ...

stations are St Paul's and Mansion House.

History and background

The development's sensitive location – opposite St Paul's Cathedral – and its modern architecture led to some controversy during its planning and construction, including criticism from

Prince Charles Charles III (Charles Philip Arthur George; born 14 November 1948) is King of the United Kingdom and the 14 other Commonwealth realms. He was the longest-serving heir apparent and Prince of Wales and, at age 73, became the oldest person to a ...

. The

architect An architect is a person who plans, designs and oversees the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that h ...

was

Jean Nouvel Jean Nouvel (; born 12 August 1945) is a French architect. Nouvel studied at the École des Beaux-Arts in Paris and was a founding member of ''Mars 1976'' and '' Syndicat de l'Architecture'', France’s first labor union for architects. He has o ...

and the developer was Land Securities. The new eight-storey, 34 m high centre replaced an 11-storey, 40 m building constructed in the 1950s for the Bank of England, which was demolished in 2007. The complex's distinctive appearance has given it the nickname "the stealth bomber". One New Change opened its doors to the public at midday on 28 October 2010. The roof terrace, with its restaurant and cafe, was opened on 18 November 2010.

Location

One New Change lies entirely within

Bread Street Bread Street is one of the 25 wards of the City of London the name deriving from its principal street, which was anciently the City's bread market; already named ''Bredstrate'' (to at least 1180) for by the records it appears as that in 1302, E ...

ward. Its name derives from the road running between it and St Paul's, itself a post-War creation, replacing a much older street called Old Change. It is bounded by

to the north, Bread Street to the east, Watling Street to the south, and New Change to the west. Within the centre, the north–south arcade is called Cheapside Passage and the east–west arcade is New Change Passage. The shopping centre is located in an area of London's historic nucleus that was widely known for its retail – 'Cheapside' being

Old English Old English (, ), or Anglo-Saxon, is the earliest recorded form of the English language, spoken in England and southern and eastern Scotland in the early Middle Ages. It was brought to Great Britain by Anglo-Saxon settlers in the mid-5th ...

for "market-place" – and many of the roads around One New Change are named after the produce once sold in the area, such as

Poultry Poultry () are domesticated birds kept by humans for their eggs, their meat or their feathers. These birds are most typically members of the superorder Galloanserae (fowl), especially the order Galliformes (which includes chickens, qu ...

, Honey Lane, Milk Street and Bread Street. St Paul's Cathedral Dome from One New Change

Design

The principal architect for the One New Change development was the French architect

. The development also features high-profile interiors by Tom Dixon for the on-site restaurant Barbecoa, which was replaced by Ivy Asia in November 2019.

Tenants

Sixty shops and restaurants are located in One New Change, including a number of large high-street retailers. A barbecue restaurant and butcher called Barbecoa was a joint-venture by

Jamie Oliver James Trevor Oliver MBE OSI (born 27 May 1975) is an English chef, restaurateur and cookbook author. He is known for his casual approach to cuisine, which has led him to front numerous television shows and open many restaurants. Oliver reach ...

and Adam Perry-Lang.One New Change
Store Guide (October 2010) It was replaced by Ivy Asia in November 2019. The shopping centre is open seven days a week, which is notable as in recent times most shops and restaurants in the City have been closed at the weekends.Evening Standard
Opening of One New Change... A

Gordon Ramsay Gordon James Ramsay (; born ) is a British chef, restaurateur, television personality and writer. His restaurant group, Gordon Ramsay Restaurants, was founded in 1997 and has been awarded 17 Michelin stars overall; it currently holds a tot ...

restaurant and bar named

Bread Street Kitchen Bread Street Kitchen is a restaurant owned by chef Gordon Ramsay within the One New Change retail and office development in London. History The restaurant cost £3 million, and the opening was delayed by a year and was subsequently expected t ...

opened at One New Change in September 2011.Bread Street Kitchen
/ref>

References

External links

* {{Shopping centres in London Tourist attractions in the City of London Buildings and structures in the City of London Economy of the City of London Shopping malls established in 2010 Shopping centres in the City of London Retail buildings in London Jean Nouvel buildings 2010 establishments in England