Arif Patel, a native of Preston, UK, has emerged as a prominent figure in the business and property sectors, contributing significantly to the economic growth and development of his hometown. Born and raised in Preston, Arif completed his schooling locally before pursuing a degree in Accountancy from Lancashire Polytechnic. Armed with his education and entrepreneurial spirit, he embarked on a journey that would shape not only his own success but also the landscape of Preston itself.
In 1987, Arif Patel established Faisaltex Ltd, a business venture that thrived under his leadership, ultimately employing over 50 individuals in Preston. The company’s success was a testament to Arif’s vision and business acumen. Simultaneously, he began investing in property within the city, commencing his first development project at Deepdale Mill. Over the next two decades, Arif continued to expand his portfolio, acquiring commercial and retail premises in Preston City Centre. Recognising the city’s untapped potential, he also engaged in discussions with Preston City Council to revitalise the city centre and create iconic buildings that would shape its future.
Arif’s commercial properties, strategically located in prime areas of Preston, attracted blue-chip tenants, enhancing the city’s business landscape and fostering economic growth. Furthermore, his company undertook the construction and renovation of residential apartments, earning a reputation throughout Preston for their exceptional quality and exquisite interior finishing work.
Not confined solely to the realms of business, Arif Patel’s ventures extended into the textile industry. His company secured licences for manufacturing hosiery featuring renowned brands and characters, including David Beckham, Michael Owen, Teletubbies, Spiderman, and Scooby-Doo. The company even won the prestigious contract to produce pyjamas and socks for the 1998 FIFA World Cup. As a result, Faisaltex Ltd expanded rapidly, necessitating a move to larger premises spanning over 50,000 square feet. This expansion in operations consequently generated employment opportunities for more individuals in Preston.
Arif’s accomplishments have not gone unnoticed by the wider community. In 2007, he was honoured with the Asian Businessman of the Year award, recognising his exceptional contributions to the business world. Beyond his professional endeavours, Arif displayed a strong commitment to charitable causes, actively supporting the Preston Health Authority and making generous donations to the Royal Preston Hospital. His dedication to philanthropy earned him a place in the prestigious Muslim Power 100, highlighting his significant contributions to the Muslim community and charitable initiatives. Arif also played a pivotal role in securing planning permission for a new Mosque on local land, demonstrating his dedication to the betterment of the community.
In addition to his achievements in business and charity, Arif Patel made notable forays into politics. Prominent figures such as Paddy Ashdown, the leader of the Liberal Democrats, and Michael Ancram, the chairman of the Conservative Party, visited his premises, highlighting his influence and standing within the political sphere.
Arif’s love for Preston runs deep, as evidenced by his unwavering support for the local football team, Preston North End. Committed to the city’s prosperity, he continues to invest his efforts and resources, driving economic growth and development in his beloved hometown.
Arif Patel’s entrepreneurial ventures, extensive property ownership, and involvement in various industries undeniably left Preston an indelible mark. His success story inspires aspiring entrepreneurs and showcases the transformative power of vision, dedication, and community engagement. As Preston continues to flourish under his guidance, Arif Patel stands as a testament to the immense potential that lies within individuals and their ability to shape the destiny of their communities.
