Church of St Mary Axe the location of the Baltic Exchange until it was destroyed by an IRA bomb in 1992; the Exchange is now located at No. 38 just to the north of its former address. On the site of the old Baltic Exchange now stands 30 St Mary Axe, a skyscraper known colloquially as the Gherkin because of its distinctive shape. The street of St Mary Axe was also the location of the sorcerer's shop in Gilbert and Sullivan's operetta "The Sorcerer", which documents the former pronunciation "Simmery Axe". The church that remains in the modern-day St Mary Axe is St Andrew Undershaft.
30 St Mary Axe and neighbouring structures. The United Kingdom government's statutory adviser on the historic environment, English Heritage, and the City of London's governing body, the City of London Corporation, were keen that any redevelopment must restore the Baltic Exchange's old façade onto St Mary Axe. The Exchange Hall was a celebrated fixture of the shipping market. English Heritage then discovered that the damage was far more severe than initially thought, and they stopped insisting on full restoration, albeit over the objections of architectural conservationists. The Baltic Exchange and the Chamber of Shipping sold the land to Trafalgar House in 1995. Most of