Nearly 18 months after the Waldo Canyon Fire
devastated the Mountain Shadows
northwest Colorado Springs, progress is being made toward restoration.
In what's become a rare missive from Colorado Springs Together
, the nonprofit formed to help in the recovery reports that building permits have been issued to replace 242
of the 347 homes
lost. Of those, 160
have been completed.
Perhaps more surprising, the median value of homes sold in the neighborhood has increased by 15 percent from before the fire, the CST report says without giving a source for the information. The median home sale price is roughly $360,000, it says.
"Despite the tragedy and loss, the Mountain Shadows neighborhood shows incredible commitment and tenacity to rebuild," CRT said in its statement. "The enduring determination to fully recover allows the neighborhood to overcome countless challenges."
The fire struck the city June 26
, 2012, after having burned for several days to the west of Colorado Springs.