Robert Redford sells Sundance Mountain Resort, the ski area that has been his Utah foothold since the 1960s

In 1961, a young up-and-coming actor Robert Redford and his young wife, Utah native Lola van Wagenen, bought a two-acre plot up in Provo Canyon, near the Timp Haven ski resort. They started to build a cabin there, which would be the Redfords’ home away from New York and Hollywood. As he became a world-famous movie star, Redford said the land was therapeutic. “Other people have analysis, I have Utah,” he would like to say.

In 1969, Redford bought the Timp Haven resort, and renamed it. He chose the name of the character who had made him a star: Sundance.

On Dec. 11, Redford announced that he would sell the Sundance Mountain Resort to a pair of real estate firms, Broadreach Capital Partners and Cedar Capital Partners, that specialize in high-end properties.

Here’s my story on the sale, with interviews with Redford and executives from the two firms, at sltrib.com.