It is a contemporary commercial suburb of the larger metropolitan city of Monterrey between Puente de la Unidad and the Alfa Planetarium, including areas surrounding Calzada del Valle/Calzada San Pedro.

The city hosts the head offices of companies like ALFA, Cemex, Gamesa, Vitro, Pyosa, Softtek and Cydsa.

[4] The current[update] Municipal President (Mayor) of San Pedro is Mauricio Fernandez, a candidate of PAN (National Action Party).

The land was converted into a large plantation called "Los Nogales" which produced crops like corn, wheat, and beans.

[citation needed] In 1988, the mayor at the time, Alejandro Chapa Salazar, gave the city its current name, adding the reference to what it was called centuries before.