One New Change is a major office and retail development in the City of London . It comprises a total of 560,000 sq ft of floor space, including 220,000 sq ft of retail space and 330,000 sq ft of office space and is currently the only large, modern shopping centre in the City. It cost £500 million to construct and was completed in October 2010. The centre is located at Cheapside, one of the areas within the City historically associated with retailing and markets, and is very close by St Paul's Cathedral. The nearest tube station is St Paul's, though Mansion House is not much further, in the opposite direction. Around 60 shops and restaurants are available at One New Change, including Topshop, Next, Nando's, H&M, Hobbs, Banana Republic, Reiss, Zizzi's, Hugo Boss, TM Lewin, and Calvin Klein Underwear.