Sanibel Causeway Emergency Restoration: As a part of the Florida Department of Transportations (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. All rights reserved. CHICAGO, IL (March 3, 2021)- Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Motorists and pedestrians are urged to use extra caution in this area. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Edit Lists Featuring This Company Section, Venture Capital Companies With Fewer Than 1000 Employees (Top 10K), Early Stage Venture Investors with Investments in United States, Illinois Companies With Less Than $1B in Revenue (Top 10K). Ample signs will be in place to safely guide traffic around the work area. Corkscrew Road Widening Project Phase I Construction Project: The project widens Corkscrew Road to six lanes from Ben Hill Griffin Parkway to Fire House Lane, and to four lanes from Fire House Lane to Bella Terra Boulevard. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 2023 PitchBook. traffic will be detoured east on Sentinela Blvd. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive Active, Closed, This describes the type of investor this organization is (e.g. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. The activities will begin on January 3, 2023 and continue until February 17, 2023. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. Call (844) 417-2688 with any questions. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. Work is expected to be completed by the week of March 6, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Corporate Venture Capital; The portfolio includes $16 billion in state funds, $15 billion in retirement and college savings plans, and $6 billion on behalf of local and state governments. The roadway north and south of the work area will be open to two-way traffic. Southbound will be detoured from Bell Blvd. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. This communication is not a solicitation of a proxy from any investor or security holder. The Treasurers Office predates Illinois incorporation in 1818. Description. About us. The project includes adding on-road bike lanes, some sidewalk, installing new drainage, and constructing a wildlife crossing approximately 1000 feet west of the entrance to Cypress Shadows Boulevard. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Very incredibly proud of you and your next step Jason. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. There will be lane closures in the westbound and eastbound lanes of Bonita Beach Road, southbound lanes of Windsor Road and southbound outside turning lane of US HWY 41. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. It is estimated that this detour will remain in place until the end of December 2022 until the new underground drainage is installed up to Pine Lake Rd. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive: Beginning 7 a.m. through 5 p.m. Monday February 6 through Friday February 10, 2023, crews will close sidewalks and driveways for water main crossing. Not only do they know the industry inside out, they share our vision for transforming physical industries with advanced digital automation, said Rajat Suri, Founder and CEO of Presto. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. to east on Joel Blvd. Oak View Road Widening (Buckingham Road) Fort Myers (ROW2022-01435): Southern Striping Solutions LLC will be performing roadway widening improvements beginning Tuesday, February 6, 2023, and continue through March 16, 2023. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Estimated completion is late 2023. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Roadwatch Update It will be necessary to close the roadway in small sections and detour traffic around the work area. Such statements include, but are not limited to, statements about future financial and operating results, plans, objectives, expectations and intentions with respect to future operations, products and services and expectations regarding the proposed business combination between Presto and Ventoux; and other statements identified by words such as will likely result, are expected to, will continue, is anticipated, estimated, believe, intend, plan, projection, outlook or words of similar meaning. Cleveland Avenue LLC is a Venture Capital & Private Equity, and Finance company located in Chicago, Illinois with $9.00 Million in revenue and 63 employees. Motorists should be aware of vehicles entering/exiting the road in this area. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The projected start date is February 9, 2023. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Bicyclists should expect the bike lane from Stoneybrook Golf Drive to just east of Wildcat Run to be combined with the travel lane while crews work on the north side of the road. Submitters are 7x more likely to receive a qualified connection. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. Please use caution when traveling through the project. Angel, Fund of Funds, Venture Capital), General contact email for the organization. The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. Presto, Cleveland Avenue, and Ventoux are the perfect partners for this next chapter in the public markets given our joint focus on transforming the restaurant industry using the best next-generation technology, said Krishna K. Gupta, Chairman of Presto and CEO of Remus Capital. The proxy statement/prospectus will be sent to stockholders of Ventoux. Founded by Don Thompson, the former President and CEO of McDonald's Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. The projected start date is January 30, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For all other questions please call general foreman Denny Spencer (239)810-9071. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 1. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Our diverse team includes specialists that drive growth at all stages, from . Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. Intermittent lane closures can be expected with variable message board on approach to notify drivers. All Rights Reserved. Work will consist of new water main on the west side of Imperial Shores followed by new drainage pipe & structures, sidewalks, curb & gutter, roadway rebuilding on the east side of Imperial Shores. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. The firm prefers to invest in food tech, restaurant, and technology sectors. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. A unique team of food and beverage specialists who drive concept growth. Burnt Store Road from Tropicana Parkway to Pine Island Road: Motorists should expect temporary southbound traffic diversions from 7:00 AM to 7:00 PM. The detour and one-way road on Imperial Shores Blvd. Area Wide Protective will be providing MOT services. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Cleveland Avenue acquired 1 company. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . View contacts for Cleveland Avenue to access new leads and connect with decision-makers. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. Founded at M.I.T. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Flaggers will assist motorists when necessary. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. The said section of road will be subject to a lane closures with flaggers beginning November 28, 2022 through March 31, 2023 from 7:00 PM through 6:00 AM. Cleveland Avenue has made 43 investments. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Accelerating growth for businesses and developing entrepreneurs. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color., Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. By having a diverse team of business experts and like-minded financial partners, Cleveland Avenue is uniquely positioned to support talented and capable entrepreneurs who have been in the waiting room anxiously seeking their opportunity to grow their businesses., Andrea Zopp has joined Cleveland Avenue as Managing Partner to lead the CAST US initiative. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. A detour will be in place with ample signs routing traffic around the work area. Lee County DOT will be performing lane maintenance through toll plaza. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . This project should be complete by the end of February. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Area Wide Protective will be providing MOT services. All rights reserved. Starting Sunday, January 15, 2023, these We do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. Pedestrians are not permitted on the Sanibel Causeway. Please be aware of the advanced warning signs in these areas. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. Founded by Don Thompson, the former President and CEO of McDonalds Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . Investor Type Accelerator, Venture Capital. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. Therefore, motorists and pedestrians are urged to use extra caution in the area. The fund is based in Chicago, Illinois. The information is general in nature and does not constitute advice. The investment approach is cautious to ensure the preservation of capital. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Forecasts and estimates regarding Prestos industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Solutions. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. The projected end date is April 30, 2023. Operating Status Active. brock@ventouxccm.com After having served as President of World Business Chicago, Zopp is applying her mix of corporate, civic, and social impact experiences to support these promising entrepreneurs. Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. The expected project completion is late 2023. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. The goal of this impact investment effort is to create jobs, build wealth, and tackle other social and economic challenges, with a special focus on communities of color, low-income households,and historically marginalized communities. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth