Vestas SVP Roby Roberts told GlobeSt.com this week that the site search has been narrowed to a few properties in the Downtown area, but declined to provide additional detail. In December, he said the general plan is to break ground this summer and occupy the building in late 2011. The would-be LEED-certified building is meant to consolidate six leases in the city totaling 100,000 square feet as well as to accommodate expected growth.

Vestas says the project "is reliant on finding and developing plans for a suitable site, as well as creating a finance plan that would include developing tax and financing options with the State of Oregon and City of Portland." In 2002, Vestas revealed plans for a 113-acre headquarters and manufacturing facility in Portland's Rivergate industrial area but scrapped those plans a few months later when the US Senate failed to renew a wind-energy tax credit later that year.

A December posting by then-incoming Mayor Sam Adams on his blog stated Vestas would develop a $250-million, LEED-Platinum building in the South Waterfront District, which sits on the Willamette River immediately south and east of the Downtown core. Vestas has been offered a one-time $12-million financial incentive package by city and state officials based on its plans to build up its 350-person payroll here to 1,200, Adams wrote.