Get breaking news alerts via email

Click here to manage your alerts
Chicago-based firm buys Utah’s Victory Ranch development

| The Salt Lake Tribune

First Published May 11 2012 07:25 am • Last Updated Aug 28 2012 11:33 pm

A luxury home development that spans almost 6,500 acres near Park City has changed hands.

Sterling Bay Companies, a Chicago-based real estate investment and development firm founded in 1986, purchased the Victory Ranch Club development last week from an affiliate of Wells Fargo Bank for an undisclosed amount.

Join the Discussion
Post a Comment

Victory Ranch stretches across Summit and Wasatch ccounties and affords panoramic mountain views of the Wasatch and Uinta mountains, Deer Valley ski resort, the Provo River and Jordanelle Reservoir.

The development has approvals for more than 650 units. The new owners, though, are considering building fewer.

"We are excited at the opportunity to further improve what we believe to be the most beautiful piece of property in Utah," said Andy Gloor, a principal at Sterling Bay.

The development is home to the private Rees Jones championship golf course, Victory Ranch Club, which opens for rounds this Saturday.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

About Reader Comments

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.