+1 for Roberts suggestion of a 6 pole motor rather than the usual 4 pole. Generally not that much more expensive is our sort of sizes.
The lower base speed of the 6 pole motor means torque and power hold up much better when speed is reduced using a VFD.
For practical purposes the "don't see a significant difference in motor performance" range of a modern motor running from a modern vector drive VFD is ± 1/3 rd the nominal speed. So a 6 pole motor runs up to pretty much same speed as the original with no practical difference in performance and goes down to around half the original speed before you seriously have to start engineering for the lower power.
Obviously you don't get the torque multiplication of changing to a lower gear or belt pulley step ratio but if you choose your normal operating gear or pulley step wisely the VFD and back gear can handle the most of your desired speed range without the motor running out of oomph.
I'd probably reduce the primary drive ratio a bit to further enhance the useful low speed range. High speeds are for smaller jobs so you don't need that much power anyway. It's pretty rare that my S&B 1024 goes over 1,000 rpm let alone makes it to the 2,200 top end!
Using a 4 pole 1,400 rpm motor tends to waste the higher speed capabilities of the VFD.
Clive