AnnexationUnder reviewPeg Street, near Tramway Road and US 1, Sanford, NC

CPW Development Properties Annexation

Sanford

Description

A voluntary petition to annex about 0.94 acres across two parcels on Peg Street, behind the new FirstBank on Tramway Road. The council started the process and set a July 21 public hearing.

Impact summary

Brings the parcels into city limits, adding them to the city's tax base and service area near the Tramway Road corridor.

Applicant

Name: CPW Development Properties, LLC
Address: Peg Street, near Tramway Road and US 1, Sanford, NC

At a glance

Hearings: 1
Public comments: 0
Total mentions: 1

Last discussed Jul 7, 2026.

Meeting timeline (1)

Jul 7, 2026

City Council - Jul 7, 2026

A voluntary petition to annex about 0.94 acres across two parcels on Peg Street, behind the new FirstBank on Tramway Road. The council started the process and set a July 21 public hearing.

Related issues (1)

Tramway Area Commercial Growth

Two Rhetson Capital rezonings — 0.94 acres on Pegg Street to commercial/office and 14.39 acres on Tramway Road to General Commercial — continue the area's rapid commercial buildout near the congested US 1/Tramway Road intersection.

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