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F.N.B. is exploring expanding in west Charlotte at the site of Bar-B-Q King on Wilkinson Boulevard in west Charlotte.
Observer file photo
First National Bank is exploring expanding in west Charlotte at the iconic drive-in restaurant site of Bar-B-Q King.
First National Bank, the largest subsidiary of Pittsburgh-based F.N.B. Corp., submitted a meeting request with city of Charlotte for a bank branch project at 2900 Wilkinson Blvd. The plan also includes a future drive-thru restaurant.
The 64-year-old Bar-B-Q King was included in a $4.2 million property sale listing in 2023 by Coldwell Banker, The Charlotte Observer previously reported.
Bar-B-Q King is about 3.5 miles from Charlotte Douglas International Airport on Wilkinson Boulevard and about 2.5 miles to Bank of America Stadium in uptown. The restaurant, which saw a surge in business during the pandemic shutdowns, was featured on Season 1 in 2007 on Food Network’s “Diners, Drive-Ins and Dives” with Guy Fieri.
The restaurant’s corner lot is one of four parcels that were listed for sale by Coldwell Banker real estate specialist Vasili Kakavitsas. The other lots are mostly wooded. The combined acreage is 1.76 acres with road frontage on Wilkinson Boulevard and Weyland Avenue.
The carhop restaurant’s lease agreement was good for three years, with an option for a five-year renewal, Kakavitsas told the Observer in 2023.
The restaurant is not affiliated with the longtime Bar-B-Q King in Lincolnton at 2613 E. Main St.
About F.N.B.
Last month, F.N.B. announced expansion plans for nearly 30 new branches over the next five years in North Carolina, South Carolina, Maryland, Virginia and Washington, D.C.
In 2021, Dominion Realty Partners and New York Life Real Estate Investors opened FNB Tower at 401 S. Graham St. The bank’s regional headquarters occupies 40,000 square feet in the 29-story, 420,000-square-foot skyscraper. The tower also includes 156,000 square feet of office space with ground-floor retail and 196 apartments.
F.N.B. has total assets of nearly $50 billion and about 350 branches in seven states, including 100 branches in the Carolinas. F.N.B. has about 4,200 employees companywide.
It’s also not the first time a bank recently snagged a restaurant site as part of expansion plans in the Charlotte market. Cincinnati-based Fifth Third Bank demolished the T.G.I. Fridays restaurant at 12811 S. Tryon St. for a new branch. The 1.2-acre Steele Creek site property is an outparcel of RiverGate shopping center. The bank is expected to open by the end of this year.
More development on Wilkinson Boulevard
The real estate listing for Bar-B-Q King’s site touted Wilkinson Boulevard as “booming with new development.”
New development has been spreading west from uptown on Wilkinson Boulevard, including new apartments and townhomes.
In August, Alliance Residential Co. opened Broadstone West End, a five-story, 332-unit apartment at 2220 Wilkinson Blvd.
Bowery West with 46 townhomes and 167 apartments also recently opened at 2401 Wilkinson Blvd., a partnership of Catalyst Capital Partners, Beauxwright and Mission Properties.
Next door to Bar-B-Q King, a 7-Eleven recently opened in the former Shell site.
Across the street from Bar-B-Q King, Dunkin Donuts opened in 2023. Within the last nine years, an ABC store and QuikTrip convenience store and gas station.
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Catherine Muccigrosso
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