All the winners have signed exclusive agreements with the Crown Estate, which owns the UK seabed.
Developers Crown Estate said the plans would help "long-term housing supply and employment" in the town.
The Crown Estate said it was "the most significant milestone yet" in its Round Three programme.
The Crown Estate is the largest commercial rural landowner in the country, by area.
BBC: Crown sells off majority of Savernake Estate in Wiltshire
So far, no windmills: but look at what the Crown Estate owns: the seabed off Britain.
The size of the grant will be 15% of the profits made by the Crown Estate.
"Pegging royal funding to Crown Estate revenue makes no sense at all, " it has argued.
It is the first application for consent in the latest of the Crown Estate's offshore leasing rounds.
The Crown Estate manages land and property owned by the Crown, with profits going to the UK Treasury.
Crown Estate spokesman Nick Harper said the firm had "continuing and extensive engagement" with local people about the project.
The Crown Estate said it was assessing how the matter can be "progressed".
All net revenue made from the Crown Estate is paid to the Treasury.
BBC: Crown sells off majority of Savernake Estate in Wiltshire
Mainstream Renewable Power has secured a power grid connection and have an Agreement for Lease with The Crown Estate.
Crown Estate revenue has always been there to provide funds for the government.
Over the past 10 years the Crown Estate has held five offshore wind leasing rounds, the most recent being Round Three.
The Milton Keynes centre reverted to Crown Estate ownership because of an "obscure legal rule", when its previous owners went bankrupt.
He said regular reviews would ensure the formula remained appropriate and a "cash underpin" would protect against Crown Estate profit "dips".
It can only pass back into private ownership if the Crown Estate agrees to sell a new freehold to a new owner.
The Crown Estate has granted permission and work could start in 2015.
The Crown Estate has a property portfolio which includes, among other things, Regent Street, Windsor Great Park and much of the UK coastline.
The Sovereign Grant Bill introduces a single payment given to the monarch based on 15% of the Crown Estate's revenue from two years previously.
Others blame the Crown Estate, which owns the seabed around Britain.
From next year the Royal Family will be funded by a Sovereign Grant, set at 15% of profits made by the Crown Estate two years previously.
Crown Estate said the plans include a new school, health centre and new recreational and retail facilities which would create about 1, 400 jobs in the next 10 years.
It says that three years after Mr Hunt's bankruptcy, the pier passed to the Crown Estate and the council signed a deal to buy it in March 2012.
BBC: Colwyn Bay Pier: Ownership battle ends up at High Court
The Crown Estate, the autonomous organisation which looks after Crown properties, said as a result it would not be challenging Mr MacLeod's claim of ownership either formally or informally.
The company added the initial size awarded by the Crown Estate was 367 sq miles (950 sq km) and its revised project would be 77 sq miles (200 sq km).
The Sovereign Grant Bill, approved by MPs last week, will introduce a single grant given to the monarch based on 15% of the Crown Estate's revenue from two years previously.
The report backs a bigger role for local government - including control of Crown Estate shoreline revenues - and warns that the council tax freeze may be unsustainable in the long term.
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