That's even more simple than I would have imagined. Most of your ballast weight is actually in the trunk itself that is made of steel.
First you need to work on getting the remains of the old keel out of that trunk. I imagine the bolt in the side of the keel pin is rusted in place. It will be a challenge but you need to get that out. Hopefully you can remove the remains without it breaking up, but I imagine the rust has caused large flaking and expansion which has it bound up in the slot.
In any case, you'd need to get that trunk cleared up first, sanded and painted (or sand blasted). When that is accomplished you can reverse engineer the dimensions of the swing keel by making a foam board model first. It looks pretty easy judging by the pics, probably about 1/2" thick. Two pieces or 1/4" sheet steel could be cut with a plasma cutter to shape and welded together. The bottom bulb built up from additional plates. You won't even need fairing filler, the swing keel has no foil shape. Just a flap disc on an angle grinder will smooth out the leading and trailing edges as well as the bulb. You just need to focus on getting the overall dimensions right, especially the placement of the keel pin and the hole for the lifting eye.