A series of Henry S. Miller Cos.' partnerships has beenfollowing through on an internal study that put Valley View, 55miles north of Dallas, onto buying charts for investment. TheInterstate 35 corridor is rapidly filling in as development pushesnorth in true Dallas fashion. Valley View is the undevelopeddoughnut hole between the Denton-Sanger trade area and Gainesville,which bumps the Oklahoma line.

"We bought this for the next cycle, not this cycle," RobertGrunnah, president of investments and the land division for HenryS. Miller Commercial, tells GlobeSt.com. "We are still two yearsaway from developing it."

Grunnah says the HSM partnerships' intent is to develop theCooke County land. He says it's uncertain if tract sales willresult, but there's no doubt about the build-out: 100% mixed-use,primarily residential and freeway-oriented retail.