timeline of the first decade of the 21st century
TRANSCRIPT
Tech Bubble
2000
George W. Bush and Vice President Al Gore hold a virtual dead-heat for the presidency, with a disputed vote in Florida. The Supreme Court voted in favor of Bush.
2000 census population: 281,421,906, increasing 13.2% since 1990. The South and West picked up the majority of the increase in population, moving the geographic center of U.S. population to Phelps County, Missouri.
America Online agrees to buy Time Warner for $165 billion
Tech Bubble bursts—millions of jobs were lost and the stock market was caught in a frenzy
Y2K—certain electronic devices were supposed to fail in the year 2000; but everything ended up working fine
Montgomery Ward, the retail giant since its founding 128 years before, closes its retail stores and moves solely to online business.
TV show Survivor airs for the first time – birth of reality TV
#1 Movie: The Grinch
September 11 attacks, Anthrax scare, followed by the War on Terrorism
Tropical Storm Allison floods Houston, TX. Damage exceeds $5B dollars
Microsoft releases Windows XP – still used by most businesses today in 2010
Apple releases the first generation iPod
Wikipedia goes online
Enron Corp Scandal which leads way for Sarbanes Oaxley
Barry Bonds breaks the sing season home run record - hitting 73 HRs, surpassing Mark McGwire’s 70 HRs.
#1 Movie: Harry Potter and the Sorcerer's Stone
2001 LEGEND
National News
Technology
Comm Real Estate / Economy
Entertainment
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Homeland Security Act - establishing the Department of Homeland Security
US Attack on Afghanistan: Operation Anaconda ends
Blackberry is released
Friendster Launched – part of the birth of Social Media
WorldCom files for Chapter 11 bankruptcy protection in the largest such filling in United States history
Sarbanes Oxley (SOX) bill is passed
American Idol begins
#1 Movie: Spider-Man
2002
The Space Shuttle Columbia disintegrates over Texas upon reentry
SARS virus breaks out in Japan
Iraq war begins. Later that year, Saddam Hussein, former President of Iraq, is captured and sentenced to death
iTunes store opens
Insignia merges with CBRE
Housing Market Surges
―Do Not Call‖ list is established
#1 Movie: The Lord of the Rings: The Return of the King
2003
Hurricane Ivan wreaks havoc in the United States
Tsunami occurs in Asia following a 9.3 Richter scale earthquake. 290,000 people perish, creating one of the greatest humanitarian tragedies in history.
President George W. Bush wins reelection over Democratic Senator John Kerry.
Google goes public
Mars rover confirms that the planet Mars was once covered in water
Opening of Taipei 101, the tallest skyscraper in the world, standing at a height of 508 meters or 1,676 feet
Groundbreaking of the Freedom Tower at Ground Zero, the former site of the World Trade Towers. To be completed in 2013.
#1 Movie: Shrek 2
2004
Hurricane Katrina & Rita hit the US
New York City transit strike for three days, shutting down all New York City Subway
YouTube Launches
Facebook launches to the public, moving from only college students to open access
The government issues the BRAC (Base Realignment and Closure) report that will eventually affect several marketplaces
―Prosperous Times‖ begin for Commercial Real Estate
Lance Armstrong wins his record 7th straight Tour de France
#1 Movie: Harry Potter and the Goblet of Fire
2005
US Population reaches 300 million, taking only 42 years to gain 100 million people since the two hundredth million person was added in 1964.
Warren Buffet donated $31billion, or 85% of his personal fortune, to the Bill and Melinda Gates foundation.
Google acquires YouTube for USD $1.65 billion
The one billionth song is downloaded from Apple iTunes. This shift comes at the expense of many brick and mortar chains such as Tower Records
CRE Mergers continue: Trammel Crow merges with CBRE, Spaulding & Slye merges with Jones Lang LaSalle (JLL) and Newmark formed a partnership with London-based Knight Frank, forming Newmark Knight Frank
LoopNet goes public
Nintendo Wii is released—gaming graphics take a step backward but become more interactive
#1 Movie: Pirates of the Caribbean: Dead Man's Chest
2006
Wildfires in Southern California result in the evacuation of more than a million people; destroying 400,000 acres and over 1,600 homes and businesses
Apple iPhone is released
Google becomes the most visited website and Gmail is introduced
The Burj Dubai became the world's tallest free standing structure after surpassing the CN Tower in Toronto.
Major Acquisitions. Rupert Murdoch acquires Dow Jones & Co which includes the Wall Street Journal. Blackstone Group acquired Equity Office Property Trust. Tishman Speyer purchased Archstone-Smith Trust’s portfolio. Walton Street acquires CalWest’s portfolio.
Barry Bonds breaks Hank Aaron’s record of most career homeruns (755). He holds the record with 762 HRs.
The Mitchell Report - accusing 89 retired and active Major League Baseball players of anabolic steroid use
#1 Movie: Pirates of the Caribbean: At World's End
2007
Barack Obama becomes the first African-American President
The price of petroleum hits $100 per barrel. Gas prices go well above $4.00 per gallon.
Stock markets around the world plunge amid growing fears of a U.S. recession, fueled by the 2007 subprime mortgage crisis.
Emergency Economic Stabilization Act: creates a $700 billion dollar Treasury fund to purchase failing bank assets.
Facebook takes over MySpace as the #1 Social Media site
Staubach merges with Jones Lang LaSalle (JLL)
Michael Phelps, wins his 8th Gold Medal of the Beijing Summer Olympic Games, surpassing the record of seven won by Mark Spitz.
#1 Movie: The Dark Knight
2008
The economic recession continues to deepen as jobless claims climb above 10.0%
The outbreak of the H1N1 influenza strain, "swine flu,‖ is deemed a global pandemic.
Twitter starts gaining popularity amongst businesses and celebrities
GVA Advantis collapses
Colliers International and First Services Real Estate Advisors to join and are now known as Colliers International.
CRE in sports: the new Dallas Cowboys (largest column-free interior) and Yankee Stadium open ($1.5B to build); while the Pontiac Silverdome is auctioned for $583,000.
Michael Jackson dies
#1 Movie: Avatar – claims the title of #1 movie of all time surpassing Titanic
2009
Wikipedia
Blackberry
BRAC
Credit Crunch
LoopNet
Taipei 101
Insignia merges
w/CBRE
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
The First Decade of the 2000s (2000-2009)