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Robert Redford selling Sundance ski resort; 300 acres to be preserved


Deseret News
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Sundance Mountain Resort
PROVO CANYON In a deal several years in the making, Robert Redford announced Friday that he has agreed to sell Sundance Mountain Resort to Broadreach Capital Partners and Cedar Capital Partners.
Additionally, the Redford family has entered into a partnership with Utah Open Lands to put more than 300 acres of wild lands at the base of Mount Timpanogos into permanent protection.
“As stewards of this unique place, it has always been my vision that the Sundance Mountain Resort would be a place where art, nature and recreation come together to make the world a better place now and in the future,” Redford said in a prepared statement. ....

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Robert Redford sells Sundance Mountain Resort


Actor Robert Redford bought the land in Provo Canyon that would become Sundance Mountain Resort in 1969. On Friday, Redford announced the sale of the resort to Broadreach Capitol Partners and Cedar Capital Partners.
When Redford bought the land in 1969, the year of the famed Woodstock music festival, he was coming off of the release of “Butch Cassidy and the Sundance Kid.”
The name comes from Redford’s role in what would turn out to be one of his most popular movies.
The big push from investors around the time the land was bought was to quickly start commercializing it.
There were thoughts of building massive hotels and condominiums to fill up the space and make a profit. ....

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