Exit 30 hotel property in play?

While driving through the Circles@30 area on Saturday, aShortChronicle noticed the below "Public Hearing" sign, actually there are two of them, at the corner of Davidson Gateway/Peninsula Drive.

The signs caught the attention of yours truly like they always do - mostly because they mean some new development project is in the works.  These signs however, are particularly interesting because of the specific location.

According to County property records, the 3+ acre parcel is still owned by Spectrum Hospitality, a hotel development company with hotels in Wilkesboro, Mooresville, and North Myrtle Beach.  During the long-running controversial Griffith Street Hotel saga, there has been speculation if another hotel vendor entered the market, particularly Spectrum since they owned this particular property, it would possibly change the calculus for pursuing the Griffith Street project.  Many in town believe a site closer to the interstate is better than one sandwiched next to a K-7 school and residential neighbors.

aShortChronicle has inquired with the Town regarding these signs since nothing is on the Town website detailing a new project.  However, if this project is another hotel, that hypothesis may be put to the test.  Check back next week for updates.