A residential project billing itself the “crown jewel of Memorial Drive” and a “new dawn in luxury living” has officially begun its quest for tenants between Oakland Cemetery and downtown.
Formerly called Broadstone Metal Works, the 230 Martin Luther King Jr. Drive apartments have been rebranded Broadstone 2Thirty. Leasing tours began last month, and six weeks of free rent are currently being offered as an incentive, according to developer Alliance Residential Company.
Alliance bought the 2.53 acres in question for $11.8 million in December 2021 and broke ground on Broadstone 2Thirty shortly thereafter, continuing a billion-dollar redevelopment surge of the Memorial Drive corridor in the Oakland neighborhood. At the southeast corner of the site, Nick’s Food to Go—a family-owned, Greek takeout institution that’s operated in a small corner building since 1994—still defiantly stands, with the apartments having risen around it.
Elsewhere in Atlanta, Alliance has delivered apartment projects in Summerhill, Kirkwood, and Bolton in recent years.
Broadstone 2Thirty’s aesthetic is described as “timeless design meets luxurious, modern living” with a “sparkling rooftop pool and sweeping city views” up top. Plans filed in 2021 indicate the project drawn up by Dynamik Design includes 278 units.
According to current Broadstone 2Thirty apartment listings, one-bathroom studio units with 530 square feet start at $1,680 monthly—the least expensive floorplan right now.
The priciest unit being offered at the moment rents for $2,855 monthly. That gets two bedrooms and two bathrooms in 1,218 square feet, plus a balcony.
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