Actually, this is quite a common manoeuvre in the Colle to gain space. So the answer is yes, since…

… can safely be met with

Black typically countered in the centre, but after…

And then White managed to exploit his initiative on the kingside.

12.Nd2 c5 (12…Qxg2 13.Ke2!, and Black’s king is walking a tightrope) 13.dxc5? Rd8.

White has gained a good advantage.

With the hook on h6, the g-file may soon be opened. Since White has not castled yet, he will soon make use of this.

8…Nxg4 9.Rg1 Nf6 10.Bxh6 only helps to accelerate White’s plan.

Now Black goes wrong. 13…Ng4, preventing White’s next, was preferable.