Baltic Exchange (building) stopped insisting on a full restoration. What remained of Exchange Hall was completely razed in 1998 with the permission of the planning minister John Prescott over the objections of architectural preservationists, including Save Britain's Heritage, who sought a judicial review of his decision. The site, together with that of the Chamber of Shipping at 30–32 St Mary Axe, was used to built 30 St Mary Axe, commonly referred to as "The Gherkin". The stained glass of the Baltic Exchange war memorial, which had only suffered superficial damage in the bomb blast, has been restored and is in the National Maritime
30 St Mary Axe designed by Norman Foster and Arup Group. It was erected by Skanska; construction started in 2001. The building has become a recognisable feature of London, and it is one of the city's most widely recognised examples of contemporary architecture. The building stands on the former sites of the Baltic Exchange (24-28 St Mary Axe), which was the headquarters of a global marketplace for shipping freight contracts and also soft commodities, and the Chamber of Shipping (30-32 St Mary Axe). On 10 April 1992, the Provisional IRA detonated a bomb close to the Exchange, causing extensive damage to the historic building