A world first wave pool is scheduled to be built on the Gold Coast thanks to an agreement between a company owned Kelly Slater and more global fund manager of coastal development of nine billion dollars Maddison Estate. The pool sits on a park surf prototype proposed by LM Investment Management and could sit in the residential community of 118 hectares, designed according to the company has planned for the coast.
If successful, it will provide a “utopia” for surfers to 20 kilometers from the beach, and could pip Ipswich to the post for the first continuous wave into the world. LM Project director Luke Barnett said the company had signed a memorandum of
“Stay Maddison has land and infrastructure needed to successfully integrate this important tourist attraction in the development,” he said.” It is a victory for surfers and a victory for the Gold Coast. “Ipswich Mayor Paul Pisasale has also expressed interest in building the tourist attraction of several million dollars in your region.
Mr Barnett said consistency would be the biggest drawcard wave park and was attractive enough to compete with the real deal breaks that first made the famous coastline. Maddison residential community located in the northern corridor of the Gold Coast growth and the project is being delivered by LM on behalf of investors in the funds LM.
Kelly Slater Wave Company is a technology and licensing surf destination founded by world champion surfer Kelly Slater in 2006.