30 St Mary Axe to flight paths for both London City and London Heathrow airports; the revised plan for a lower tower was accepted. The tower's topmost panoramic dome, known as the "lens", recalls the iconic glass dome that covered part of the ground floor of the Baltic Exchange and much of which is now displayed at the National Maritime Museum. "The Gherkin" nickname was applied to the current building at least as long ago as 1999, referring to that plan's highly unorthodox layout and appearance. On 23 August 2000, Deputy Prime Minister John Prescott granted planning permission to construct a building much larger
30 St Mary Axe for sale with a price tag of £600 million. Potential buyers included British Land, Land Securities, Prudential, ING, and the Abu Dhabi royal family. On 21 February 2007, IVG Immobilien AG and UK investment firm Evans Randall completed their joint purchase of the building for £630 million, making it Britain's most expensive office building. Swiss Re booked a gain of more than £300 million from the sale. The new owners are seeking compensation from four of their former managers on the deal, in which about £620 million was paid for a building with a build cost of about £200 million,