Next Space Development

Next Space Development We specialize in real estate development and construction on urban infill locations. We entitle, permit, develop, and build ground-up sites.

Moreover we buy existing multi-family properties and value add to the highest and best use of properties. NEXT SPACE DEVELOPMENT’s business practices are predicated on creating legacy properties that are truly livable. We take a long-term view for each property, and for the Company, with a focus on innovation, integration, and legacy. Ultimately, our vision is to build a new generation of residenc

ies that stand apart by creating an authentic sense of place and connection that reflects how people want to live today and in the future. With each project our dedication to innovative and responsible planning that respects the aspirations of all community stakeholders, honors local cultures, and preserves special landscapes ensures a unique vision and plan that is authentic and regionally appropriate. It also ensures that no two NEXT SPACE DEVELOPMENT properties are alike. This unique approach also defines NEXT SPACE DEVELOPMENT as an industry leader, allowing our company to continue to attract diversified private equity investors that share our commitment to enhanced quality of life. NEXT SPACE DEVELOPMENT’s experience and expertise in building sustainable, legacy projects has also established us as a model for livable spaces, positioning us well for long-term success. One of NEXT SPACE DEVELOPMENT’s greatest assets is our team of professionals; they are energetic, motivated and absolutely committed to the success of every development. But we know it takes more than dedication. The NEXT SPACE DEVELOPMENT team, from the Partners to each staff person, shares a passion for quality and possesses the business acumen to get the job done. Our goal is to set the standard for single family, multi-family, and urban in-fill projects by being the very best at what we do. We also provide full service property management, payables and reporting services for residential properties throughout San Diego. Call for more information.

06/25/2025

Just a Few Luxury Residences Left at Fourth and Laurel!

Our premier luxury community in Bankers Hill is nearly fully leased — If you act now this spacious 2 Bed / 2 Bath residence with a stunning view could be yours!

Modern design, thoughtful amenities, and an unbeatable location near Balboa Park and Downtown San Diego make Fourth and Laurel an unmatched living experience.

Call or text (858) 945-2883 to schedule your private tour.

View the details: https://tinyurl.com/4urcyad3
Visit the community website: https://fourthandlaurel.com/

05/16/2025

As construction wraps at Monte — our second student housing development near SDSU — We’ve been reflecting on what it took to deliver StateSide on time back in 2023.

This video featuring Rudy Medina, Next Space Development Co-Founder & Development Advisor, captures the energy, grit, and total relief we felt delivering the project on time. One word sums it up:

YEAH!!!

PS: Big shout-out to our banking partners for believing in the vision and backing us all the way.

We're proud to share that Fourth and Laurel Apartments — our boutique multi-family community in Bankers Hill — has a des...
05/02/2025

We're proud to share that Fourth and Laurel Apartments — our boutique multi-family community in Bankers Hill — has a designer-furnished loft now available for lease.

This one-of-a-kind living experience in the heart of San Diego is unlike anything else on the market:

✔️ Open-concept loft layout with 18' ceiling
✔️ Curated, stylish furnishings
✔️ Full access to rooftop lounge with stunning views of downtown, the bay, and the ocean
✔️ Two blocks from Balboa Park
✔️ Minutes to Downtown, Little Italy and beach towns
✔️ Ideal for professionals, creatives, or couples seeking something special

This is a rare opportunity to live in a thoughtfully crafted space in Bankers Hill, one of San Diego’s most coveted neighborhoods.

For more details and to schedule a tour call our leasing agent at 858-945-2883. We'd love for you to DM us or tag someone who deserves to experience the Joy of Living at Fourth and Laurel Apartments.

Learn more from the AppFolio listing:
https://nextspacedevelopment.appfolio.com/listings/detail/92641e9c-379f-41a3-bc50-b1cba93ed2e1

Check out the Zillow 3D Tour: https://www.zillow.com/view-3d-home/fd795804-3bbf-4d74-a09b-bdb55af22490?setAttribution=mls&wl=true&utm_source=dashboard

Visit the community website: https://fourthandlaurel.com/

03/18/2025

We're super excited! Monte, our second student housing project at SDSU, is just a few months from completion! Check out this under construction video and get a sneak peek at what will soon be a very special home for some very special students! Turn up the volume—the music track is 🔥🔥🔥🔥

If you want to learn more about Monte, or information about our company, leave a comment and we'll get back to you!


03/12/2025

Our co-founder, Rudy Medina, recently took the stage at the Bisnow San Diego Student Housing Summit at the University of San Diego.

The panel covered key topics like:
✅ Availability
✅ Affordability
✅ Design & Construction
✅ How to meet the growing demand for student housing

Check out this 2:13 ‘sizzle’ video 🔥 Turn up the volume—the music track is awesome! 🎶

Fun fact: Rudy was a little nervous—No wonder, public speaking (glossophobia) is one of the most common fears! 😬 Anybody else get stage fright? Drop a comment and share your best public speaking tips! 👇

Welcome to The Party at Fourth and Laurel, our new luxury apartment community in Bankers Hill. Watch the video: https://...
08/16/2024

Welcome to The Party at Fourth and Laurel, our new luxury apartment community in Bankers Hill.
Watch the video: https://youtu.be/XAxag9TtKbA
Visit fourthandlaurel.com

We celebrated the grand opening of FOURTH AND LAUREL, our luxury apartment community in Bankers Hill. Guests enjoyed live music, signature cocktails, and Cha...

Big thanks to everyone who joined us in celebrating the opening of FOURTH AND LAUREL, Next Space Development's new luxur...
08/01/2024

Big thanks to everyone who joined us in celebrating the opening of FOURTH AND LAUREL, Next Space Development's new luxury apartment community in Bankers Hill. Special shoutout to Gunmit and the team at Sares Regis Group for making it a success! 👏

Check out our beautiful property at fourthandlaurel.com.

After years of planning and the incredible efforts of so many hard-working, talented people, we are thrilled to invite y...
07/26/2024

After years of planning and the incredible efforts of so many hard-working, talented people, we are thrilled to invite you to join us in celebrating the opening of FOURTH AND LAUREL, Next Space Development's new luxury apartment community in Bankers Hill. 🎉✨

WHEN: Tonight (7/26) from 4:00pm - 7:00pm

WHERE: The Sky Lounge, 2426 Fourth Avenue, San Diego, 92101

Sip a signature cocktail or glass of wine while nibbling on Charcuterie Cups.

Enjoy live music as you take in the spectacular panoramic views of downtown, the Bay, and Pacific Ocean.

Get to know the FOURTH AND LAUREL team.

Tour our beautiful Studios, Lofts, 1 & 2 Bedroom residences.

RSVP to Gunmit Jaspal at 858-945-2883

We hope to see you at the party!

We're so excited about tomorrow's open house party... We have to share the invitation again!Join us in celebrating the o...
07/25/2024

We're so excited about tomorrow's open house party... We have to share the invitation again!

Join us in celebrating the opening of FOURTH AND LAUREL, Next Space Development's new luxury apartment community in Bankers Hill.

WHEN: Friday, July 26th, 4:00pm - 7:00pm

WHERE: The Sky Lounge, 2426 Fourth Avenue, San Diego, 92101

Enjoy live music, sip a signature cocktail or glass of wine while nibbling on Charcuterie Cups.

Take in the spectacular panoramic views of downtown, the Bay, and Pacific Ocean.

Get to know the FOURTH AND LAUREL team.

Tour our beautiful Studios, Lofts, 1 & 2 Bedroom residences.

RSVP to Gunmit Jaspal at 858-945-2883

We look forward to seeing you at the party!

Address

2820 Shelter Island Drive
San Diego, CA
92106

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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