Gordon Ramsay is to open a restaurant at the One New Change development in the City of London. Gordon Ramsay Holdings (GRH), is understood to have exchanged contracts for a site at the office and retail scheme, which is located close to St Paul's cathedral. Restaurant Property, the property consultancy, brokered the deal for GRH. The as yet-unnamed restaurant at the development is likely to be based on the group's successful Plane Food concept at Heathrow's Terminal 5. Other hospitality operators set to open outlets at One New Change include upmarket burger chain Byron, Nando's and Zizzi. Separately it has been revealed that the chef and entrepreneur could benefit from a proposed £20m television deal. He is understood to be in advanced exclusive discussions to sell a 50% stake in One Potato Two Potato, the production company behind his high profile television shows.