Matthew Prince, the owner with his wife of a lot on a hillside over Old Town, told the Park City Planning Commission on Wednesday they want to turn the property into “something we can be proud of.”

Prince, co-founder and CEO of cybersecurity company Cloudflare, and his wife, Tatiana Prince, who own The Park Record, are proposing to demolish an existing single-family house and a guest house on the lot and replace them with a new single-family home. The two structures had been marketed as “party houses” that were used as nightly rentals before the couple purchased the property in 2020, he said.

The single-family house and the guest house, which were built in 1998 and 2000, respectively, have 10 bedrooms and have housed more than 40 people at a time, Prince said.

---

---

The plan is to replace the two houses on the property, at 220 King Road near Treasure Hill, with one single-family, three-bedroom home, Prince said.

“We want to turn this property into something which we can be really proud of, that we can call our home,” he said. “We intend to live here. We have made substantial investment into this community and intend to continue to do that. We intend to raise our family here.”

---

---

The site is subject to the Sweeney Properties Large Scale Master Planned Development, which has eight lots, seven of which have properties on them. If conditional use permits are approved, the maximum footprint calculation would exclude living space that is located below existing grade and has landscaping or decks above it.

The existing houses have a footprint of about 4,000 square feet. Under the proposed plan, the new home’s footprint would be 3,500 square feet. The plan for the new house calls for a four-and-a-half level structure, including two levels that are more than 50% below grade and considered basement levels. 

Prince said the other Sweeney MPD lots have properties that are over the square foot limit and have underground space that has not been counted toward that limit.

“What we’re asking for is just the same treatment that the other seven lots have gotten,” he said.

The discussion at the Planning Commission work session on Wednesday was designed for commissioners to give feedback to staffers and the project’s design team before a public hearing on the proposal, which is scheduled for Feb. 14. 

The commissioners had questions about possible negative impacts, rooflines, stormwater runoff, excavations, fractional ownership, the definition of “finished” and “unfinished” regarding construction of different parts of the home and other aspects of the project.

Attorney Bruce Baird, co-counsel on the project, said the team will provide supplemental information in response to the questions.

“We’re going to provide, for example, a revegetation report and those kinds of things,” he said.

Baird also said the new home would be comparable to what is on the other lots.

“When they consider the quality of the house, the history of the project, the compliance with the code, we feel confident that the Planning Commission will vote in favor of the project,” he said.

Pat Sweeney, who worked to create the original agreement governing development of the area, said the project design is “fabulous in terms of art and also function.”

“There are a lot of parts to that design and to fit them all together in a sensible way is no easy feat, but Matthew Prince and his design team have done a really impressive job of that, in my opinion,” he told The Park Record. “I think he’s definitely cleared the bar.”