The panel also directed its staff to conduct an environmental review and accept grant money from the California Department of Transportation to pay for the project.
The company hopes to use a boat contracted to the US Navy for testing various hydrofoil technologies as a passenger carrier. The boat must be certified by the Coast Guard before it can be used as a ferry.
The boats will offer service between San Diego and Oceanside for about $15 each way. The company also will offer ferry service from the San Diego area to western Los Angeles for about $60 one way.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
