Preston, Lancashire after 1948, Preston became home to a significant number of Asian and Caribbean Commonwealth immigrants, who mostly worked in the manufacturing industry. However, an economic decline hit the town once again in the 1970s, capped by the closure of the Courtaulds factory in 1979 (nearly 3,000 job losses) and the decline of the docks on the River Ribble, which finally closed in 1981. Mass unemployment was firmly back in Preston by the early 1980s, although it was now very much a national crisis due to the recession of that time. The rehousing of families from town centre slums to new
Preston, Victoria 1966, by which time said dwellings accommodated approximately 11% of Preston population. The acquisition of former Housing Commission land by the Myer Emporium led to the opening of the Northland Shopping Centre in 1966. Currently, the suburb of Preston exists to the south of the original Preston municipal area. Suburbs which were once part of this include: Reservoir, Ruthven, Keon Park and Kingsbury. Preston is bordered to the east by the Darebin Creek, a small tributary to the Yarra River and consists largely of flat terrain, ideal initially for farming, but later for industrial and residential development. The original abundance