San Diego-based Hubbs-SeaWorld Research Institute and private equity firm Cuna del Mar LP have filed permits to develop an environmentally sustainable, 5,000-metric-ton finfish farm off the San Diego coast.
The two entities have formed a collaboration known as Rose Canyon Fisheries, which recently filed paperwork with federal and state agencies to develop what partnership representatives said would be the first open-ocean finfish farm in U.S. federal waters.
Rose Canyon Fisheries representatives said permitting will take 12 to 18 months to complete.
A statement from Rose Canyon Fisheries said the farm will use the latest technology to raise yellowtail jack, white seabass and striped bass through practices that meet stringent U.S. environmental and food safety standards. Officials said innovative, submersible cages will be located 4.5 miles west of Mission Beach.
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