For me, this idea is definitely something which grows with practice. It's something I continually work on, especially with feelings of irritation and annoyance, which are my most prevalent emotions (sigh). Sadly, I usually forget while I'm actually frustrated with something (or more likely, someone) -- but I'm hoping that if I can remind myself often, even when it's after the fact, that eventually, I'll learn to create this space in the midst of it, as well.
Overall, though, I'm a fairly peaceful person -- and I think the idea of space and stillness (and definitely: this too shall pass) -- has made me that way. Of course, faith also plays a huge role in this. When you have a solid belief which can't be shaken, it's much easier to allow space to come in and take over.
Where will you find/need space today?