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Cleveland Avenue State Treasurers Urban Success Fund. Copyright 2023 Cleveland Avenue, LLC. Cleveland Avenue has made 43 investments. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. 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. Asphalt pavement sampling will be performed. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. 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. All rights reserved. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. 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. 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. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. The project will be constructed in three segments. This list is designed to show off the investors with exceptional track records, industry experience and a . The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00pm and 5:00am on Thursday March 2, 2023. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. CBI websites generally use certain cookies to enable better interactions with our sites and services. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. . 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. 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. Win whats next. Get the full list, Youre viewing 5 of 241 co-investor. 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. Voters in 1848 chose to make it an elected office. The projected end date is March 31, 2023. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Striping Maintenance: Lee County DOT will be performing a moving operation with traffic delays 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: The projected start date is February 9, 2023. You can read more about your. Please use caution when traveling through the project. 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. 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. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Landscaping Tree Trimming. The projected start date is October 1, 2022. Copyright 2023 CB Information Services, Inc. All rights reserved. For further information, please contact John Dalton at (239) 898-7853. 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. Work is expected to be completed by the week of March 6, 2023. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. 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. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. The proxy statement/prospectus will be sent to stockholders of Ventoux. Lane closures will be limited to between the hours of 9:00pm to 5:00am. 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). 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.. . Work will be done between the hours of 8:00 PM 4:00 AM. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. The typical case for the fund is to invest in rounds with 3 participants. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. 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. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. 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. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). 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. 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. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. 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. GL Homes is actively working in their development site across from Wild Blue Boulevard. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. The outside eastbound lane from Saradrienne Lane to Bonita Grande Drive on Bonita Beach Road will be subject to intermittent lane closures from 7:00 PM to 6:00 AM. Drivers are urged to use extra caution when traveling through the work zone. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. Cleveland Avenue acquired 1 company. 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. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. 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. For further information, please contact paving@leegov.com. investor@presto.com, Brock Strasbourger 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. Call (844) 417-2688 with any questions. The MOT/TTC will be provided by Southwest Utility Systems. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. The one-lane road operations are estimated to continue through the end of March 2023. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Description. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. MEDIA CONTACTS Northbound Bell Blvd. A Cleveland Avenue Fund . site you are consenting to these choices. The contractor is Wright Construction. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. 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. By Staff | Feb 23, 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. The firm prefers to invest in food tech, restaurant, and technology sectors. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Lee County DOT will be performing lane maintenance through toll plaza. Andrew Hayes As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. 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. . Crews are expected to work 7 a.m. to 7 p.m. 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. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. 12, or email at neil@andrewsitework.com. The expected project completion is late 2023. All rights reserved. The project is expected to be completed by spring 2023. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. He works at Raulston Venture Capital in Cleveland. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. Southbound lane along Nalle Road will be subject to temporary daily lane closures. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. . There can be no assurance that the data contained herein is reflective of future performance to any degree. 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. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. For further information, please contact Eli Enders at (239) 433-3000. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Area Wide Protective will be providing MOT services. Motorists and pedestrians are urged to use extra caution in this area. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. Cleveland Avenue LLC operates as a venture capital investment company. lane traveling westbound on Alico Road. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. The projected start date is January 30, 2023. Very incredibly proud of you and your next step Jason. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. brock@ventouxccm.com Copyright 2023 Cleveland Avenue, LLC. 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. 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. The projected end date is April 30, 2023. 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. 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. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. To the extent that holdings of Ventouxs securities have changed since the amounts included in Ventouxs most recent annual report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. 1. This is anticipated to be completed by the end of March 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. Crews will be replacing the signal. 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. Estimated completion is late 2023. This feature is in beta and may change with future updates.