The Globe Theatre was built in 1599 in London, England by William Shakespeare's theatre company, The Lord Chamberlain's Men. It was a playhouse for Shakespearean plays. The modern Globe is a reconstruction of the old theatre that was demolished in the fire of 1613.
The Globe Theatre was based on the skeleton of the original Theatre of 1576, and was the first to be built specifically for an existing acting company and financed by the company itself. Shakespeare wrote a number of plays like Hamlet, Twelfth Night, Othello, King Lear, and Macbeth etc. for the Globe's audience.
On 29 June 1613, during a performance of Henry VIII, the theatre went up in flames when a theatrical cannon that was used during the performance, misfired, igniting the wooden beams and thatching. The modern construction of Shakesespeare's Globe opened in 1997 with the staging of Henry V.
Here is a video on the Globe Theatre.