Bee Cave area real estate circles are buzzing with a strong rumor that Classic BMW of Plano have signed a contract for land on 71.
The rumor suggests that the land is in the Bee Cave "ETJ strip" that contains the much debated Covert lot, Nitro Swim and the new Golf and Guitar complex. It was rumored but has been strongly suggested that Covert have NOT resold their lot and pulled out of the plan to build there.
The map below outlined where each lot is located relatively.
Rocky Navarro, who owns the lot near Golf and Guitar is rumored to be the seller and we have reached out to him for comment.
Classic BMW have so far declined to comment but their senior management is currently overseas - we expect to hear from them next week.