On February 11, 1994  The "2141 Steam Locomotive Restoration Society" was formed to restore and operate the engine on behalf of the City of Kamloops. The Society oversaw the restoration for eight years at two locations, 1315 River Street and at the backshop at Pioneer Park. 

Once restoration was complete in 2001, the society made application to the registrar of companies to have its name changed to the Kamloops Heritage Railway Society, which is more in keeping with its new mandate: operating a railway and a tourist train.  

Under steam and her own power for the first time since 1958, the 2141 was moved to her new home at Pioneer Park. The City of Kamloops provided a new 5,000 square foot building to house and maintain the Steam Locomotive. At the same time, over 2,000 feet of track and switches were built to connect the backshop to the CN Okanagan subdivision line at mile 3.0. 

In 2002, The Kamloops Heritage Railway carried its first passengers on the Spirit of Kamloops railtour.  In its inaugural season it carried over 10,400 passengers on 96 trips. These trips were 1 ½ hr in length and included the Bill Miner Train Robbery re-enactment.

And the rest, as they say, is history!