Premium Content Subscriber only The companies behind a controversial surf ranch and residential housing bid remain committed to the Coolum West site while still waiting for State Government approval. The Department of State Development is assessing the impacts and potential benefits of the proposed $1.2 billion Kelly Slater wave pool and residential development. World Surf League and Consolidated Properties are behind the development which includes building 1500 residential properties, an eco-resort and other facilities. World Surf League Asia Pacific general manager Andrew Stark said the companies had invested large amounts of time, money and resources into the proposed project and continued to work with the government.