Two Baltimore natives, one shared belief:

the best development starts with the neighborhood, not the blueprint.

Our Story

Before founding VS Development, Kristian and Jesse built complementary careers across real estate development, engineering, construction, brokerage, ownership, and property operations. Kristian spent more than two decades helping lead complex multifamily, mixed-use, senior living, and commercial projects throughout the Mid-Atlantic and Northeast. Jesse built his career through brokerage, development, construction, and direct ownership, including founding Vann Development in the U.S. Virgin Islands and developing and operating properties in both the Virgin Islands and Maryland.

What brought us together was a shared instinct that Baltimore’s historic buildings and overlooked properties are opportunities rather than obstacles. We believe successful development respects what came before while creating places that work for the people and communities who will use them next.

VS Development grew from that idea and from a partnership built on complementary strengths, open dialogue, and a willingness to stay close to the details. We approach each project collaboratively, bringing together owners, neighbors, design professionals, contractors, lenders, public agencies, and other stakeholders to find solutions that create enduring value.


Meet the founders.

Kristian Spannhake, PE, LEED AP
Over two decades of experience in engineering, construction, and development, with a track record delivering mixed-use, multifamily, and senior living projects across the Mid-Atlantic and Northeast. He leads projects through every stage — entitlement, design, construction, and operations. Licensed Professional Engineer (MD) and LEED Accredited Professional, with a Civil Engineering degree from Virginia Tech and an MBA from Loyola University Maryland. District Council Chair for ULI Baltimore, active member of USGBC Maryland, and involved with the Butchers Hill Association. Kristian remains actively engaged in Baltimore's real estate community, currently serving as Governance Chair for ULI Baltimore, participating in ULI's national leadership and product council programs, and guest lecturing at local universities

Jesse Vann
Diverse experience spanning brokerage, development, and construction. Began his career as a real estate agent and broker in Boston. In 2012, founded Vann Development in the U.S. Virgin Islands, overseeing more than $20 million in real estate assets through speculative and custom design-build homes on St. John. Continues to own and operate rental properties across the U.S. Virgin Islands, Baltimore City, Baltimore County, and Howard County. Since returning to Baltimore in 2017, has completed multiple development projects and built a strong pipeline of future opportunities. Holds a Bachelor of Science in Hospitality Management from Champlain College.