The City of Denison announced today a major milestone for the Preston Harbour Development on Lake Texoma. The United States Army Corps of Engineers (USACE) executed a deed transferring 600 acres of lakeside property on Lake Texoma to the City. The land conveyance is the key to a 3,000 acre lakeside development by Schuler Development that will create more than $1.9 billion in new investment in the City of Denison. The city and Schuler Development have been working on the planned, high-end development on Lake Texoma for more than 12 years.