All rights reserved. Each segment will have most of the construction completed prior to moving to the next segment. 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. A Cleveland Avenue Fund . Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Area Wide Protective will be providing MOT services. Area Wide Protective will be providing MOT services. Cleveland Avenue, Llc Ceo Don Thompson & Vital Proteins Ceo Tracey The project will be constructed in three segments. Founded at M.I.T. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. The firm prefers to invest in food tech, restaurant, and technology sectors. . For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. US-41 & Pondella Rd, North Fort Myers: Lee County DOT Traffic will be changing out the traffic signal cabinet at US-41 & Pondella Rd on Wednesday, February 22, 2023 from 9:00 AM to 4:00 PM. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Alico Road Curb Cut Amazon RSW5 (ROW2022-00853): Plateau Excavation, Inc. will be performing the roadway improvements, indicated as 19 ROW Alico Road on the permit, beginning Monday, January 09, 2023 and continue through Friday, March 17, 2023. Cleveland Avenue General Information. Please be aware of the advanced warning signs in these areas. The revised merger terms reflect a pre-money valuation for Presto of $525 million. The expected project completion is late 2023. Motorists should be aware of vehicles entering/exiting the road in this area. Cleveland Avenue LLC. 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 . For further information, please contact Eli Enders at (239) 433-3000. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. You can read more about your cookie choices at our privacy policyhere. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. The projected start date is September 19, 2022. 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 firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Work times will be from 7:00 AM to 5:00 PM. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Win whats next. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. 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. 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 causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. The projected end date is April 30, 2023. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. This work will be performed under a One Lane Road Operation. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Meriem S. on LinkedIn: We celebrated Jason Ritter with a little team Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. The roadway north and south of the work area will be open to two-way traffic. This press release is not a substitute for the proxy statement/prospectus. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . 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. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. site you are consenting to these choices. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. Chicago-based Venture Capital firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs, Cleveland Avenue convenes the Illinois State Treasurer Frerichs, the Walter Family, Benefit Chicago and Impact Investors to empower underrepresented entrepreneurs. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . The activities will require lane closures between 9:00 PM and 5:00 AM. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. 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. Area Wide Protective will be providing MOT services. Crews continue earthwork on the causeway islands. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Residents are entering and exiting communities on both sides of Corkscrew Road. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. 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. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. 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 will be guided to stop short of the stop bars when leaving these communities to provide space for the trucks to back in along the roadway and deliver limerock to build the road. This will be a nighttime operation and periodic lane closures for these lanes will occur between the hours of 7 p.m. and 6 a.m. on the weekdays. 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. Find top employees, contact details and business statistics at RocketReach. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. (970) 948-9787. All rights reserved. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. Call (844) 417-2688 with any questions. We want to prove that investing in and supporting Black, Latinx, and women entrepreneurs seeking venture capital support is a very solid growth strategy, said Don Thompson, Founder of Cleveland Avenue. Learn more. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. Learn more atwww.ilgif.com. Their latest acquisition was PizzaRev on May 22, 2017. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Submitters are 7x more likely to receive a qualified connection. 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. Please contact 239-936-9444 with any questions or concerns. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. 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. Cleveland Avenue | 4,571 followers on LinkedIn. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Traffic will be maintained with flagmen. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Ryan Gardella & Michael Bowen The one-lane road operations are estimated to continue through the end of March 2023. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Cleveland Avenue | LinkedIn 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. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. This project consists of widening Burnt Store Road to four lanes. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. 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. Roadwatch Update Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Dom's Kitchen & Market, which is part market and part kitchen, said on Wednesday that it has raised another $15 million in growth capitalbringing the total amount to $25 million. The information is general in nature and does not constitute advice. 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. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. All rights reserved. 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 projected end date is March 31, 2023. The median demo/install will occur between Monday, January 16, 2023 and will affect the inside lanes travelling east and west between Lee Road and Domestic Avenue on Alico Road. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. The projected start date is February 9, 2023. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. The Village is currently designing the path to extend to the east property line of Bella Terra and on the north side of the road to east of Grandezza. Cleveland Avenue serves customers in . The fund is based in Chicago, Illinois. Please use caution and drive with courtesy and patience throughout the project area. The projected start date is January 30, 2023. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. You can read more about your. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. 1. Bonita Beach Road at US HWY 41 Bonita Springs (ROW2023-00205): Tierra, Inc. will be performing roadway pavement cores beginning Monday, February 27, 2023 and continue through Friday, March 3, 2023. By Staff | Feb 23, 2023 Gunnery Road A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. 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. 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. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. Cleveland Avenue 29 Portfolio companies, 34 Investments, Team For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Lee County DOT will be performing lane maintenance through toll plaza. 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. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. This feature is in beta and may change with future updates. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. 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. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. |, https://presto.com/wp-content/uploads/2022/12/presto_voice_homepage_720p_v2.mp4, https://presto.com/wp-content/uploads/2021/12/presto_raj_yahoo_finance_interview_12_2021_720p.mp4, https://presto.com/wp-content/uploads/2021/09/presto_flex_1080p.mp4.