[7] Hancock and Houghton hold an annual celebration called Bridgefest to commemorate the opening of the bridge which united their two communities.
The center swinging section of the bridge was replaced and a similar incident almost occurred again in 1920, but the ship was able to stop by dropping its anchor, which snagged on the bottom of the canal.
The original 1959 design by Hazelet and Erdal of Chicago of the bridge's liftspan had roadways constructed on both levels with rails embedded in the road surface on the lower deck.
From this middle position, the span would then only need to be raised for large ships or lowered to allow trains to cross.
In the winter after the lake freezes, the bridge is placed in the lowest position to allow the lower deck to be used by snowmobile traffic.