Park City Planning Commission grants billionaire approval to build new home on Treasure Hill

Public comment was split.

Matthew and Tatiana Prince, owners of The Park Record, have preliminary approval to build a large home on Treasure Hill that will overlook downtown Park City.

In a 4-2 vote, the Park City Planning Commission granted the Princes’ request to change rules pertaining to their property on King Road. The commission was split 3-3 over whether to grant the two conditional use permits for the home. Commission Chair Sarah Hall broke the tie, voting in favor of the Princes’ plans following roughly four hours of discussion.

The home plans include a 117-foot roof, over 7,000 square feet of finished space, and nearly 6,000 square feet of unfinished area. The total height is 4.5 stories, with two levels below the ground considered basements. The project is subject to dark sky light pollution regulations and must go through a historic district design review.

The commission is expected to take action on the final conditions of approval for the home next week Feb. 21.

Tatiana Prince said they’ve worked on the home’s design for years in collaboration with their neighbors.

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This article is published through the Utah News Collaborative, a partnership of news organizations in Utah that aim to inform readers across the state.