The Port Lands Flood Protection project is 'one of the most ambitious and significant infrastructure projects in Toronto’s history,' said Mayor John Tory.

The lift bridge, located at Cherry Street and Lake Shore Boulevard East, malfunctioned on Aug. 1 when a mechanical and electrical failure caused it to get stuck upright, according to city officials.

The City said is will lower the bridge over the Keating Channel in a horizontal position at noon on Wednesday.