Press releases
One New Change retail 90% pre-let ahead of autumn opening
20 May 2010Land Securities announced today that One New Change, the City of London's newest and largest retail destination, is now 90% pre-let or in solicitors' hands and is set to transform the City into a seven-day shopping and leisure destination upon its opening in the Autumn.
The 200,000 sq ft retail element of the development has drawn together fashion brands, independent retailers, an extensive catering offer and essential everyday services to meet the needs of the estimated seven million city workers and tourists who visit the area each year.
Hugo Boss, Next , Phase Eight and Guess are just some of the latest brands to join the fashion line up which includes retailers Banana Republic, All Saints, Kurt Geiger, H&M, TopShop, Reiss, Hobbs and Marks and Spencer. The catering offer boasts a new Jamie Oliver restaurant which will seat 200 people and also bring favourites to the City like Wasabi, Sumo Salad, Byron Burgers, and Zizzis. ‘Bea’s of Bloomsbury’ the creator of London’s most coveted cupcakes will offer a blissful tea break for the estimated 3,000 office workers who will occupy the offices in the new building.
A number of London’s new up and coming retailers are expanding their presence by opening in the scheme - luxury gifts and card retailer, Wilton & Noble, waxing and lingerie concept store of the moment, Strip and beautician, Malika. Much needed services will be provided by Shirtstream, the boutique drycleaner, and Bridges CTN, a speciality newsagent.
Commenting on the lettings, David Atcherley Symes, Retail Manager for Land Securities’ London Portfolio, said: “We have created a really unique destination at One New Change, providing the high street retailing that has been missing from the City, together with some much needed independents and everyday services. With only three units remaining we are extremely pleased with the line up achieved and are confident that the shopping, combined with catering, a roof terrace and never before seen views of St Paul’s Cathedral will drive a seven day trade in the City and provide an unparalleled experience for visitors.”
One New Change is designed by internationally-renowned Pritzker Prize-winning architect Jean Nouvel and occupies a truly unique location opposite St Paul’s Cathedral with roof top terrace and a public viewing gallery. Its spectacular setting and high quality office space also means One New Change will offer office occupiers one of the most prestigious HQ premises in the City. Over a third of the office space is pre-let to K&L Gates.
The retail leasing agents are Knight Frank and CBRE and DTZ and Savills lead the office leasing programme.
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For further information, please contact:
Land Securities
Melissa Winsor / Donal McCabe
Tel: +44 (0) 207 024 5079 / 5460
Email: media@landsecurities.com