Vestas to stay in Portland long-term

[Fez Hammersticks]

Wind turbine company Vestas-American Wind Technology is staying in Portland and will soon have a new headquarters in the Pearl District.

Though Vestas had been looking in other states for potential sites, the company today announced it would renovate the old Meier & Frank warehouse on Northwest Everett Street and 14th Avenue into their headquarters. Gerding Edlen Development purchased the building several years ago and has been waiting to redevelop it, according to Mark Edlen, president of Gerding Edlen.

Between the city of Portland and the state, $8 million of public money will go toward the project, according to Mayor Sam Adams. The city has negotiated a 15-year, interest-free loan with Vestas to keep it in Oregon.

“We had to compete for this,” Adams said. “Other states were offering deals. They put us to the ringer to get the best site.”

Currently at 400 employees, Vestas has made a deal with the state to hire at least 100 new employees in the coming years. Vestas-American Wind Technology president Martha Wyrsch said the company will hire people with backgrounds in engineering, finance and sales.

LINK​

 

[OSUBlazerfan]

Did a 6 month internship with Vestas 2 years ago

cool stuff

 

[BoBoBREWSKI]

A buddy of mine works for Vestas.

 

[maxiep]

No wind turbines on the roof?

 

[Mediocre Man]

Being this is about Portland, I totally thought you were talking about scooters before I opened this.


Good for Portland

 

[andalusian]

Being this is about Portland, I totally thought you were talking about scooters before I opened this.

Yeah, Vestas are famous scooters. Me, I ride me a Konda motorcycle and drive my Poyota automobile

 

[Fez Hammersticks]

No wind turbines on the roof?

The building was built in the 1920's and is a protected historical site in Portland. The additional 5th floor penthouse had to be redesigned, it still looks really good, but the orig. penthouse looked awesome.

 

[Fez Hammersticks]

Btw, the Pearl District has gone through a transformation in the past five years. Back in 2005-ish none of these buildings in this picture were built. With Pacific Northwest College of Art to build a 10-story dorm building a few blocks from the M&F project, the area is still growing a lot, even in this economy.

 

[Mediocre Man]

Yeah, Vestas are famous scooters. Me, I ride me a Konda motorcycle and drive my Poyota automobile

Haha. C'mon, you are better than this. I assumed it was a typo.

 

[andalusian]

Haha. C'mon, you are better than this. I assumed it was a typo.

That's fine. Just having fun. Not trying to berate you or anything...

No harm intended, and if assumed, I apologize.