Næstved has several adult education centers, five elementary schools - and has at least one of each type of the four upper-second-level education centers. The city has the largest high school in Denmark, Næstved Gymnasium & HF.
In January 2008 the City Council presented plans for a new urban area in the Stenlænge area of the town, including 1000-1500 residential homes, along with a new stadium, hotel, school, sports facilities, and more. The council intends to establish Næstved's position as the leading Zealand city after Copenhagen, for cultural facilities and for family life. This project brings to life a dream of having the facilities that will attract the best performers from Denmark and abroad: it also, for concerts and shows, would give Næstved the ability to compete with Copenhagen and other cities of Næstved's size.