Minerva Building design changes and a further increase in height, to 53 floors and . Its location marks the Eastern gateway to the City and the building might have acted as a focus for the regeneration of the eastern City fringe. The site is outside the strategic views of St. Paul's, and does not contain listed buildings, although it does infringe upon a conservation area. It also lies within one of the three proposed viewing cones for the Tower of London, as do 30 St Mary Axe, Heron Tower and Tower 42. Although the official height was , the building was claimed
30 St Mary Axe than the old Exchange on the site. The site was special because it needed development, it was not on any of the "sight lines" (planning guidance requires that new buildings do not obstruct or detract from the view of St Paul's dome when viewed from a number of locations around London), and it had housed the Baltic Exchange. The plan for the site was to reconstruct the Baltic Exchange. GMW Architects proposed a new rectangular building surrounding a restored exchange: it would have the type of large floor plan that banks liked. Eventually, the planners realised that the exchange was