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). lane traveling westbound on Alico Road. Crews continue earthwork on the causeway islands. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. 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. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. Please be aware of the advanced warning signs in these areas. 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. 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. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. 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. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Area Wide Protective will be providing MOT services. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. Cleveland Avenue serves customers in . Get the full list, Morningstar Institutional Equity Research. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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. Angel, Fund of Funds, Venture Capital), General contact email for the organization. The projected end date is March 31, 2023. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). When Don Thompson stepped down from his role as the first Black CEO at McDonald's in 2015, he launched Cleveland Avenue, a Chicago-based venture capital firm that has invested millions in fast . Area Wide Protective will be providing MOT services. The firm prefers to invest in food tech, restaurant, and technology sectors. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Try for free at rocketreach.co 03 or Cleveland Avenue LLC operates as a venture capital investment company. Our diverse team includes specialists that drive growth at all stages, from . The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. 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. 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. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue. Bonita Beach Road SW @ Imperial Shores Bonita Springs (ROW 2022-00816): Andrew Sitework LLC will be performing construction on Imperial Shores Blvd starting July 26, 2022, from Bonita Beach Road to Tarpon Avenue. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. 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 project will be constructed in three segments. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. This project should be complete by the end of February. Crews continue driving sheet pile around the causeway islands. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Use the CB Insights Platform to explore Cleveland Avenue's full profile. traffic will be detoured east on Sentinela Blvd. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Investor Type Accelerator, Venture Capital. 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. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. 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 projected end date is April 30, 2023. 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. For further questions, please visit the project website at http://corkscrewroadwidening.com or contact Jennifer Dorning by email at Jennifer.Dorning@atkinsglobal.com or by phone at (239) 338-7723. Ample signs will be in place to safely guide traffic around the work area. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. This project consists of widening Burnt Store Road to four lanes. MEDIA CONTACTS Copyright 2023. . Bridge Maintenance The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Their latest portfolio exit was Ureeka on September 30, 2022. 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. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 Crews will be replacing the signal. The contractor is Wright Construction. A detour will be in place with ample signs routing traffic around the work area. For further information, please contact paving@leegov.com. Martin Luther King Jr. Boulevard. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. site you are consenting to these choices. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. 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. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Crews will be replacing the signal. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. When available, these documents can be obtained free of charge from the sources indicated above. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Their latest acquisition was PizzaRev on May 22, 2017. 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. Area Wide Protective will be providing MOT services. 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. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. For further information you can contact Jessie Culpepper at 239-913-9127. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. 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. 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. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The MOT/TTC will be provided by Andrew Sitework. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. He works at Raulston Venture Capital in Cleveland. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. This project is expected to be completed in summer 2023. our sites and services. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. Intersection Markings: Intermittent Lane closures and delays are possible on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways: These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. Rocketreach finds email, phone & social media for 450M+ professionals. Copyright 2023 CB Information Services, Inc. All rights reserved. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. 2. 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. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The project will be constructed in three segments. The projected end date is May 12, 2023. All Rights Reserved. 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. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Sidewalk closure at Crystal Drive and 12270 Metro Parkway 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. 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. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . 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. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. This press release is not a substitute for the proxy statement/prospectus. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Ryan Gardella & Michael Bowen Each segment will have most of the construction completed prior to moving to the next segment. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. You can read more about your. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. SaaS, Android, Cloud Computing, Medical Device). Work will be done between the hours of 8:00 PM 4:00 AM. The projected start date is January 30, 2023. The Treasurers Office predates Illinois incorporation in 1818. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Cleveland Avenue General Information. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. 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. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. 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 . For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com 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. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Founders Don Thompson, J. Skyler Fernandes. The projected end date is April 30, 2023. Win whats next. 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. The expected project completion is late 2023. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The projected start date is September 19, 2022. Learn more atwww.ilgif.com. Operating Status Active. Description. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. The projected start date is February 9, 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. Presto overlays next-gen digital solutions onto the physical world. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. The fund is based in Chicago, Illinois. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Active, Closed, This describes the type of investor this organization is (e.g. WORK PERFORMED BY OTHERS: Dom's expects to open its first location in Chicago in June. to east on Joel Blvd. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Andrew Hayes The bridge locations are: 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. This communication is not a solicitation of a proxy from any investor or security holder. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 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 . GL Homes is actively working in their development site across from Wild Blue Boulevard. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. ACME Barricades will provide maintenance of traffic services (239) 479-5266. 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 . The Cleveland Avenue Food Experience is our laboratory and gathering place. 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. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels.
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