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 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