Editor's note: This week's top Austin news includes many exciting restaurant openings and holiday happenings aplenty. Plus, the famous "sailboat building" gets a new owner. Get the details on our hottest headlines of the week below. And for the best things to do in Austin this weekend, go here.

1. Austin's famous 'sail tower' sells for $522 million. An iconic piece of Austin’s skyline is getting a new owner. Cousins Properties announced it is acquiring the tower that's shaped like a sail in downtown Austin for more than $521.8 million. The property is leased to Google and was developed in 2022.

2. 8 openings in a month lead Austin's restaurant and bar news. Here's a rundown of eight exciting restaurants that have opened in the last month.

3. Former Food Network host debuts Round Rock bar with fancy comfort food. Former Food Network host John Green is heading to the Austin suburb with a new concept dedicated to "elevated bar fare." It's opening January 11, 2025.

Odds Bar & Bistro will serve very upscale "bar food." Photo courtesy of Odds Bar & Bistro

4. These 9 Austin restaurants will be open for Christmas Eve or Day 2024. If your ideal Christmas doesn't involve a whole lot of cooking, cleaning, or hosting, there are several Austin restaurants that are happy to do the work for you. In fact, not only are many restaurants staying open on Christmas Eve and Christmas Day, but they're offering special menus and events, too.

5. Where to see the most dazzling Christmas lights in Austin and beyond. The magical holiday season is in full swing, and that means beautiful holiday lights displays. Here's a list of the best holiday light events and attractions happening in Austin and nearby.