Martin Luther King Jr. Boulevard. The project is expected to be completed by spring 2023. ACME Barricades will provide maintenance of traffic services (239) 479-5266. The expected project completion is late 2023. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. The typical case for the fund is to invest in rounds with 3 participants. 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. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . Sidewalk closure at Crystal Drive and 12270 Metro Parkway For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. The projected end date is April 30, 2023. 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. WORK PERFORMED BY OTHERS: 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. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. 2023 PitchBook. Scotts Safety will be providing all maintenance of traffic services for this project. Copyright 2023 Cleveland Avenue, LLC. 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. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Search Crunchbase. Westgate Boulevard at 8th Street West: Lee County DOT will be implementing a traffic pattern change at the intersection of Westgate Boulevard and 8th Street West. The activities will require lane closures between 9:00 PM and 5:00 AM. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Founders Don Thompson, J. Skyler Fernandes. 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. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT OF 20 MPH. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Please use caution when traveling through the project. 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. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. 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 . For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. This project is expected to be completed in summer 2023. Motorists and pedestrians are urged to use extra caution in this area. Our diverse team includes specialists that drive growth at all stages, from . Presto overlays next-gen digital solutions onto the physical world. We have curated a list of the top Cleveland Venture Capitalists (VC). The projected start date is September 19, 2022. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. 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. Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. The Cleveland Avenue Food Experience is our laboratory and gathering place. 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. This is anticipated to be completed by the end of March 2023. Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. 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. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. In addition to factors previously disclosed or that will be disclosed in Ventouxs reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transactions contemplated therein to fail to close; (2) the outcome of any legal proceedings that may be instituted against Ventoux, Presto, the Company or others following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Ventoux or Presto; (4) the inability of Presto to satisfy other conditions to closing; (5) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (6) the ability to meet stock exchange listing standards in connection with and following the consummation of the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations of Presto as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, grow its customer base, maintain relationships with customers and suppliers and retain its management and key employees; (9) the impact of the COVID-19 pandemic on the business of Presto and the Company (including the effects of the ongoing global supply chain shortage); (10) Prestos limited operating history and history of net losses; (11) Prestos customer concentration and reliance on a limited number of key technology providers and payment processors facilitating payments to and by Prestos customers; (12) costs related to proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Presto or the Company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (15) Prestos estimates of expenses and profitability; (16) the evolution of the markets in which Presto competes; (17) the ability of Presto to implement its strategic initiatives and continue to innovate its existing products; (18) the ability of Presto to adhere to legal requirements with respect to the protection of personal data and privacy laws; (19) cybersecurity risks, data loss and other breaches of Prestos network security and the disclosure of personal information; and (20) the risk of regulatory lawsuits or proceedings relating to Prestos products or services. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Motorists should expect intermittent Northbound and Southbound Lane closures during nighttime/overnight hours, weather permitting. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. Road Work/Maintenance/Improvement Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. Cleveland Avenue | 4,571 followers on LinkedIn. |, 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. 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. The projected end date is May 12, 2023. Corporate Venture Capital; Area Wide Protective will be providing MOT services. 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. 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. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 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 end date is April 30, 2023. 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. Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. 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. MEDIA CONTACTS Asphalt pavement sampling will be performed. Return to Cleveland Avenue Site. Starting on January 9, 2023, and continuing through the end of February 2023, Imperial Shores Boulevard will be closed between Gary Road and Pine Lake Road while crews install two (2) large drainage structures with pipe crossing the road and install drainage pipe up too Little Hickory Drive. 4. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Chrome Extension. 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. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. Residents are entering and exiting communities on both sides of Corkscrew Road. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Please be patient as travel may be slower than usual. 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. Work times will be from 7:00 AM to 5:00 PM. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. 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. Drive-thrus are well-suited for automation. . Accelerating growth for businesses and developing entrepreneurs. The Cleveland Avenue Food Experience is our laboratory and gathering place. Please use caution and drive with courtesy and patience throughout the project area. 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. Copyright 2023 CB Information Services, Inc. All rights reserved. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. The revised merger terms reflect a pre-money valuation for Presto of $525 million. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Cleveland Avenue General Information. By Staff | Feb 23, 2023 The bridge locations are: Investment Stage Early Stage Venture. 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/. The project will be constructed in three segments. Crews continue driving sheet pile around the causeway islands. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The projected end date is March 31, 2023. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Media: The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. 2. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). Drivers are urged to use extra caution when traveling through the work zone. Start Free Trial . Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Traffic will be maintained with flagmen. Roadwatch Update to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. lane traveling westbound on Alico Road. The projected start date is January 30, 2023. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Each segment will have most of the construction completed prior to moving to the next segment. GL Homes is actively working in their development site across from Wild Blue Boulevard. CBI websites generally use certain cookies to enable better interactions with our sites and services. A detour will be in place with ample signs routing traffic around the work area. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Contact Email info@clevelandavenue.com. The contractor is Wright Construction. Venture Capitalists (VC) play an important role in the startup ecosystem. 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. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00 PM and 5:00 AM on Thursday February 16, 2023. Rocketreach finds email, phone & social media for 450M+ professionals. 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. Cleveland Avenue serves customers in . About Cleveland Avenue, LLC. For further information, please contact Eli Enders at (239) 433-3000. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. During the work processes, men and equipment may be temporarily in the roadway. . Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. This project should be complete by the end of February. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. The projected end date is March 31, 2023. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Copyright 2023 Cleveland Avenue, LLC. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. 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. The project will be constructed in three segments. We look forward to continuing to work with the Presto team and our investors in consummating this deal and maximizing value for all stakeholders, said Ed Scheetz, CEO & Chairman of Ventoux. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Motorists should use caution, as there will be lane closures and uneven pavement in this area. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Get the full list, Morningstar Institutional Equity Research. For all other questions please call general foreman Denny Spencer (239)810-9071. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. 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: 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 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. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. This work will be performed under a One Lane Road Operation. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Landscaping Tree Trimming. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. Flaggers will assist motorists when necessary. The investment approach is cautious to ensure the preservation of capital. , New York), and Somrus (a line of Indian flavoured liqueurs). 12, or email at neil@andrewsitework.com. For further information, please contact John Dalton at (239) 898-7853. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts.
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