Winchester residents searching the market for an apartment will have some new options available in March.

That’s when the first two buildings of a new development from W&R Properties located on Frontier Way will become open to tenants.

W&R owners Scott Mitmesser and Jay Stenzel say the development, when finished, will consist of 14 buildings, each with eight one- to two-bedroom units for a total 112 apartments.

Mitmesser said the final completion date for the project will come in either December of this year or January 2018.

However, the first two buildings of the development are nearly complete, and the Winchester Municipal Utilities Commission voted Thursday to run utilities to the two buildings so they can be occupied upon completion.

As part of the first phase, a bakery called The Banery — operated by Mitmesser and Stenzel’s wives — will also begin operation. Mitmesser said the bakery will be open to the entire community, and will not just serve the apartment complex.

Mitmesser said introductory rates for the apartments will be $750 a month for a one-bedroom unit and $900 per month for a two-bedroom unit.

“Our rates include all utilities, washer, dryer and kitchen appliances,” Mitmesser said.

He said the company isn’t marketing to any specific clientele, but some features, like the location or design, may appeal to different groups.

“Half of our units are located on the ground floor, which is a good feature for retired folks,” Mitmesser said. “It’s also a good location for young professionals. We also offer short-term leases for people who may be moving to town and need a temporary place to stay.”

Mitmesser said the construction portion of the development has been handled entirely by local contractors. He added that after the apartments are completed he and Stenzal have ideas for additional projects in the Clark County area.

“It’s good for us, it’s good for (local contractors) and it’s good for the community,” he said.