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In 2003, the Owls won their first national championship in baseball, which was the first for the university in any team sport, beating Southwest Missouri State in the opening game and then the University of Texas and Stanford University twice each en route to the title.
In 2008, President David Leebron issued a ten point plan titled " Vision for the Second Century " outlining plans to increase research funding, strengthen existing programs, and increase collaboration.
The plan has brought about another wave of campus constructions, including the erection the newly renamed Bioscience Research Collaborative building ( intended to foster collaboration with the adjacent Texas Medical Center ), a new recreational center and renovated basketball stadium, and the addition of two new residential colleges, Duncan College and McMurtry College.

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