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One New Change hailed as ‘building of the future’

[Published January 2011 and updated May 2023] One New Change, the ambitious mixed-use development currently approaching completion in central London, has been hailed as a ‘building of the future’ and praised for its sustainability efforts by the UK’s climate change minister Greg Barker.

Thousands of square feet of London office space and retail units are being readied at the site and some of the most advanced temperature control systems in the world have been installed to improve its environmental performance.

Close to 60 km of piping is to steadily heat and cool the City of London’s latest high-profile office and retail location, with £300,000 expected to be saved on annual heating bills because the building’s energy will be extracted from the ground beneath the site.

You can view profiles of all the providers of flexible office space in the City of London here many of which are focused on sustainability 

A company called Geothermal International has enabled the scheme’s development leader Land Securities to install what is a state-of-the-art heating system and one which has attracted considerable praise from various quarters.

“This is British innovation at its best, using the earth’s natural resources to solve our energy needs,” said UK climate change minister Greg Barker. “Extracting warmth from the ground underneath London will help save on the building’s heating bills and will cut carbon.”

Land Securities’ chief executive Francis Salway commented: “The renewable energy system will deliver carbon reductions, cost savings and a comfortable work environment, making it a truly sustainable building of the future.”

The temperature control system installed by Geothermal International was officially sent into action today by Mr Barker and deals are already being struck between Land Securities and companies looking for office space to rent in the City of London.

Around 3,000 people will eventually be working out of office space at One New Change, including dozens of Friends Provident employees, with the insurance firm having recently agreed on a tenancy deal at the site.

Editor’s notes: When One New Change was completed it was inspected and received ‘Excellent’ accreditation on the Building Research Establishment Environmental Assessment Method (BREEAM).

This is due to the incorporation of elements such as the triple facade, highly efficient plant, heat rejection piles and bores, rainwater harvesting and sedum green roof areas.

In 2023, the basement facilities were upgraded to include 370 cycle spaces.

Further information about the office space at One New Change can be seen here.



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