Baltic Exchange (building) Baltic Exchange (building) The Baltic Exchange was a building located at 24–28 St Mary Axe in London and occupied by Baltic Exchange Ltd, a provider of information on maritime transportation markets. A historic landmark, the Baltic Exchange building was architecturally known for its cathedral-like trading hall and its stained glass. It was destroyed in a bombing in 1992. The site is now occupied by "The Gherkin". The historic building was designed by Smith and Wimble and completed by George Trollope & Sons in 1903: it was subsequently listed as a Grade II* listed building. On 10 April 1992 at 9:20
30 St Mary Axe the remaining structures on the Baltic Exchange site were then carefully dismantled, and the interior of Exchange Hall and the façade were preserved, hoping for a reconstruction of the building in the future. The salvaged material was eventually sold for £800,000 and moved to Tallinn, Estonia, where it awaits reconstruction as the centrepiece of the city's commercial sector. In 1996, Trafalgar House submitted plans for the Millennium Tower, a building with more than of office space, apartments, shops, restaurants and gardens. This plan was dropped after objections that it was totally out-of-scale in the City of London, and anticipated disruption