Minnesota man buys tower in ocean off NC

Author:
Updated:
Original:

The U.S. government's trash is a Minnesota man's treasure.

When federal officials decided to sell a light tower off the North Carolina coast that hadn't been used in years, 56-year-old entrepreneur Dave Schneider of Richfield, Minn., decided to plunk down $20,000 for the platform, the Associated Press reports.

The structure resembles a small oil rig, and he envisions it as a lab for research into wind power and other technologies. He plans to take a helicopter out to his investment for a visit on Wednesday to shoot video and get measurements. The living quarters below the landing pad include five bedrooms, a galley, a recreation room, and a bathroom, according to the Government Services Administration page on the platform.

Diamond Shoals Light Tower was first used in 1966 to help guide ships in dangerous waters sometimes called the Graveyard of the Atlantic, the AP says. But the aging structure needed more than $2 million in repair and the government decided it wasn't worth it. Schneider was the only bidder.

Next Up

ambulance

State Patrol investigating fatal crash near Duluth

The crash was reported around 6:15 a.m. Wednesday.

eden prairie police squad car

Carjacking reported outside shopping center in Eden Prairie

One of the suspects reportedly displayed a weapon.

court gavel

8 people charged in Medicaid fraud scheme totaling $860K

Collectively, they're charged with 46 counts of felony theft.

vaping

Minnesota gets mixed grades on its tobacco report card

In Minnesota, the economic cost due to smoking is $2.519 million with 5,910 deaths per year attributed to smoking.

Hardy Wills-Traxler

Charges: Man stabbed his father, set his home on fire

The 25-year-old has been charged with second-degree murder and first-degree arson.

Impound lot

Crowded impound lot raises COVID concerns after Minneapolis snow emergency

A vehicle owner complains about the tightly-packed impound lot following the weekend's snow.

covid-19, coronavirus

Here is Minnesota's COVID-19 update for Wednesday, Jan. 27

The latest update from the state health department.

charley's

Charges: Bar owner, employee served underage drinkers during shutdown

The bar hosted 20-30 people on Dec. 4, 2020, charges say.

police lights

Driver wearing bulletproof vest strikes pedestrian in Rochester

The 21-year-old claimed the vest keeps him warm, according to police.

Related

Authorities recover $500,000 worth of TV tower equipment in Minnesota

The items were stolen from a tower site for KIMT-TV in northern Iowa. Two suspects are also in custody after deputies searched two southern Minnesota homes. Charges are pending as the investigation continues.

Best Buy laying off 2,400 companywide

Best Buy said it is laying off 2,400 employees this week, including roughly 600 members of its Geek Squad customer service unit and another 1,800 store employees. The announcement came Friday as the Richfield-based electronics chain said that the layoffs were part of a companywide restructuring plan announced in March.