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Robert Redford Sells Sundance Mountain Resort, Maintains Commitment to Conservation and Preservation

SUNDANCE, Utah — After more than 50 years of ownership, Robert Redford is selling the Sundance Mountain Resort, the Provo Canyon ski destination known for its careful balance of art, nature, and community. Redford has agreed to sell the 2,600-acre resort to Broadreach Capital Partners and Cedar Capital Partners, the Salt Lake Tribune reported last week.

After several years of consideration, Redford decided Philip “Flip” Maritz, a Managing Director at Broadreach Capital Partners, would continue the legacy Redford spent many years strategically creating.

“We are deeply honored to assume stewardship of this magical resort and its unique programming and are committed to maintaining the balance between responsible development and land preservation that the Redford family has passionately cultivated,” Maritz said in a press release.

The Redford family also announced they are partnering with Utah Open Lands to permanently protect more than 300 acres of land at the base of Mount Timpanogos. This is in addition to the 865 acres situated above the Sundance property in Northfork Canyon that the family donated to Utah Open Lands in 1997. The resort’s 2,600 acres include 1,845 acres of preserved land.

Expected changes under the new ownership include mountain infrastructure updates with more guest facilities,  additional ski runs, and high-speed lifts within the first few years, the Tribune reported. Broadreach and Cedar said they intend to make these changes thoughtfully, in order to honor Redford’s commitment to sustainability.

“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 the release.

Due to Covid-19, Sundance is currently open at reduced capacity with limited terrain. Saturdays are reserved for season pass holders and lodging guests.

More info here from the Salt Lake Tribune 

 

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