The BankWest Tower is a 52-storey office tower in Perth, Western Australia. Completed in 1988, the building measures 214 metres (700 ft) to its roof and 247 metres (810 ft) to the tip of its communications antenna. It was the tallest building in Perth from its completion until 1992 when it was overtaken in height by Central Park. As of 2009, it remains the second-tallest building in the city. The concrete tower has a distinctive profile, with a triangular plan. The site occupied by the tower was home to the Palace Hotel, and organised opposition was formed to try to save that building from demolition to make way for an office tower. The site was subsequently acquired by businessman Alan Bond and the tower was approved and constructed in a plan that would retain much of the Palace Hotel. The tower then remained the headquarters of Bond's companies until their collapse. The tower has also been the headquarters of Western Australia's state bank, BankWest (formerly known as the R&I Bank), since its completion.