Most ordinary routers are Universal motors and can reach high rpm, you need a prox that has a high freq characteristic, I have used the Honeywell Automotive gear tooth sensor GT1 series, they can also be obtained at auto scrap yards, they are used for Ignition timing on an engine.
Also you could supply the digital tach feedback to the spindle controller, for a while there were surplus Treadmill motor controllers that were intended for Universal motor control, They were based around the motorola TDA1085 IC and had digital tach feedback input and Triac control.
The IC was designed by Motorola for Washing machine Universal motor control and worked quite well, I still have one on my band saw I converted.
Al.
CNC, Mechatronics Integration and Custom Machine Design
“Logic will get you from A to B. Imagination will take you everywhere.”
Albert E.