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 designed by Norman Foster and Arup Group. It was erected by Skanska; construction started in 2001. The building has become a recognisable feature of London, and it is one of the city's most widely recognised examples of contemporary architecture. The building stands on the former sites of the Baltic Exchange (24-28 St Mary Axe), which was the headquarters of a global marketplace for shipping freight contracts and also soft commodities, and the Chamber of Shipping (30-32 St Mary Axe). On 10 April 1992, the Provisional IRA detonated a bomb close to the Exchange, causing extensive damage to the historic building