Arriving in 1860, during the
Similkameen Gold Rush,
Mr. John Fall Allison preempted of farmland immediately northeast of the river fork; the Marston family, who had preempted the present townsite, left in 1871. In 1868, Allison's second marriage was to
Susan Louisa Moir; in 1888, he became the inaugural
postmaster. He died in 1897. About downstream from the fork, the settlement of Prince Town was laid-out on the hillside, but was soon abandoned. The name was in honour of
Edward VII, future
Prince of Wales, who made a royal visit to
Eastern Canada in 1860. The revised spelling as "Princeton" was quickly adopted for settlement in the general area. During the decade of 1860–1870, Princeton was the administrative centre for the Similkameen District. In the 1870s, the fork was a cattle centre from which herds were driven over the mountain trail to Hope. In the 1880s, Ah Tuck ran a log cabin Chinese boarding house. In 1897, James Wallace opened the large two-storey hotel called Wallace House, which fire destroyed in 1911. In 1899, John Henry Jackson completed the two-and-a-half-storey log hotel called Jackson House. On selling and enlarging in 1906, it was renamed the Great Northern Hotel but burned down in 1912. By 1900, the town included a restaurant, two hotels, two livery stables, two butcher shops, two blacksmith shops, two laundries, three sawmills, and government buildings. That year, a newspaper was launched, and the Allison townsite was laid out in the vicinity of the earlier Prince Town (now encompassed by the
Weyerhaeuser sawmill property). In partnership with
Edgar Dewdney, the Allison family in due course promoted a rival townsite called Norman about farther downriver. This venture proved unprofitable. The three-storey, 20-room Tulameen Hotel was completed in 1902, but burned to the ground in 1904. The rebuild was in 1906 and demolition in 1960. The Similkameen Hotel was built in 1911 but burned down in 1930. Fires at the 40-room Princeton Hotel, which opened in 1912, caused severe damage in 1930 and complete destruction in 2006. Princeton was incorporated as a village municipality in 1951 and as a town municipality in 1978. In the 1980s, a downtown revitalization began, which included red brick sidewalks and new streetlights. In the 1990s, Princeton adopted a "heritage" theme, with many businesses converting their exteriors to match architectural styles from a century earlier. ==Industry==