Vestas has announced that it will move its North American sales and service headquarters into the Meier & Frank Depot Building in Portland, Ore.'s Pearl District.
Construction, to be performed by Gerding Edlen Development Inc., is expected to begin in October. Vestas plans to occupy the space in early 2012. The building will be designed with the intent to achieve LEED Platinum certification.
Built in 1928, the Meier & Frank Depot Building will undergo a complete historic renovation. When redeveloped, the building will be 172,000 square feet and will include a 22,000 square-foot addition on the fifth floor. Additionally, the building will include a roof-mounted solar energy array. The total project cost for the developer is estimated at $66 million.
‘This building represents the very best in public and private partnerships,’ says Gov. Ted Kulongoski, D-Ore. ‘Our collective investments in this project will pay off now and in the future in the form of more green jobs in Portland. It also will establish a stronger renewable energy foundation for Oregon as a whole.’
When complete, Vestas will occupy a majority of the building. Tenant and retail space will be available on the first floor.
The building renovation team is led by Gerding Edlen Development, in association with GBD Architects, Glumac, KPFF, HHPR, Peter Meijer Architects, Skanska and Ankrom Moisan Architects.