that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Motorist should use caution and expect some delays when work is active. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. GL Homes is actively working in their development site across from Wild Blue Boulevard. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. The projected end date is April 30, 2023. Description. The projected end date is March 31, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Operating Status Active. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. AI voice assistants can redeploy staff to focus on higher-value tasks while the AI voice assistant greets guests, takes orders, and offers upsells, resulting in higher profits. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. 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. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. The typical case for the fund is to invest in rounds with 3 participants. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. The project is expected to be completed by spring 2023. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 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. Corporate Venture Capital; Gunnery Road Cleveland Avenue State Treasurers Urban Success Fund. A detour will be in place with ample signs routing traffic around the work area. In October 2022, it closed a $11.5 million Series B with investors including Cleveland Avenue State Treasurer Urban Success Fund, Fearless Fund, Kaya Ventures, and Supply Change Capital. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Motorists should expect a new traffic pattern on Friday morning, February 25. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. 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. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. You can read more about your cookie choices at our privacy policyhere. traffic will be detoured east on Sentinela Blvd. All rights reserved. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Scotts Safety will be providing all maintenance of traffic services for this project. Ventoux is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The revised merger terms reflect a pre-money valuation for Presto of $525 million. 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 . It will be necessary to close the roadway in small sections and detour traffic around the work area. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Motorists should use caution, as there will be lane closures and uneven pavement in this area. 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.. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. Investor Type Accelerator, Venture Capital. Rajul Misra & Brian Ruby Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. 4. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. Please be patient as travel may be slower than usual. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Cleveland Avenue has 4 portfolio exits. investor@presto.com, Brock Strasbourger 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. | Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and locations. At the end of February 2023, crews with then open the roadway to two-way traffic while they install drainage pipe and make improvements from Gary Road south to near Bonita Beach Road. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. The proxy statement/prospectus will be sent to stockholders of Ventoux. 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. 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 is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Beginning 7 a.m. through 5 p.m. Monday February 20 through Saturday February 25, 2023, crews will close sidewalks and driveways for water main crossing. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . our sites and services. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. The expected project completion is late 2023. Illinois Growth and Innovation Fund(ILGIF). Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Residents are entering and exiting communities on both sides of Corkscrew Road. He works at Raulston Venture Capital in Cleveland. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. The projected start date is September 19, 2022. Find top employees, contact details and business statistics at RocketReach. Founders Don Thompson, J. Skyler Fernandes. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. Work is expected to be completed by the week of March 6, 2023. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. RESCHEDULED: During the nighttime/overnight hours on Monday, February 20 through Wednesday, February 22, motorists are urged to plan extra time when using the Ben Hill Griffin Parkway intersection. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. This is anticipated to be completed by the end of March 2023. 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. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Chrome Extension. Martin Luther King Jr. Boulevard. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Crews continue earthwork on the causeway islands. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Each segment will have most of the construction completed prior to moving to the next segment. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Much of the work originally scheduled for this week was rescheduled for the following week to minimize impacts to traffic AFTER the traffic shift occurs. Weather may affect start times and dates. Cleveland Avenue General Information. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . (650) 817-9012, Investors: For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. SaaS, Android, Cloud Computing, Medical Device). That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . The investment approach is cautious to ensure the preservation of capital. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. All rights reserved. Where the organization is headquartered (e.g. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Each segment will have most of the construction completed prior to moving to the next segment. The activities will begin on January 3, 2023 and continue until February 17, 2023. 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. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Cleveland Avenue LLC. Win whats next. 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. lane traveling westbound on Alico Road. 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. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. For questions, please contact Kris Cella at (239) 337-1071. . 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. Founded at M.I.T. Entrepreneurship is one of the surest ways to closing the racial wealth gap, added Dr. Helene D. Gayle, President, and CEO of The Chicago Community Trust. The expected project completion is late 2023. The projected end date is April 30, 2023. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. site you are consenting to these choices. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. The projected end date is May 12, 2023. We believe the additional capital provides a powerful vote of confidence in the business combination and will give Presto all the tools needed for an excellent start in its public life. 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. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Estimated completion is late 2023. Road Work/Maintenance/Improvement 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 Chicago's South and West Side neighborhoods. Cleveland Avenue LLC operates as a venture capital investment company. , New York), and Somrus (a line of Indian flavoured liqueurs). For further information, please contact Brian Brandfass at (239) 226-1606 Ext. The MOT/TTC will be provided by Southwest Utility Systems. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. Martin Luther King Jr. Boulevard. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com The bridge locations are: The projected start date is January 30, 2023. Area Wide Protective will be providing MOT services. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. By Staff | Feb 23, 2023 For questions, please Contact Rob Radford (239) 229-5980. Start Free Trial . The Cleveland Avenue Food Experience is our laboratory and gathering place. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. 1. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. 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.. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Copyright 2023. Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. Copyright 2023 Cleveland Avenue, LLC. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. For further information regarding this project please contact Andrew Sitework, LLC at 239-226-1606 or chad@andrewsitework.com Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. For further information, please contact Eli Enders at (239) 433-3000. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. The contractor is Wright Construction. Motorists wishing to access NB Imperial Shores should follow the detour to Imperial River N, to Tarpon Ave. W and travel South on Imperial Shores Blvd. Cleveland Avenue acquired 1 company. media@presto.com brock@ventouxccm.com 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. man killed in fayetteville, nc last night,