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. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Cleveland Avenue | 4,571 followers on LinkedIn. 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.. All rights reserved. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. 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. Area Wide Protective will be providing MOT services. brock@ventouxccm.com Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. GL Homes is actively working in their development site across from Wild Blue Boulevard. During the work processes, men and equipment may be temporarily in the roadway. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 2. media@presto.com When available, these documents can be obtained free of charge from the sources indicated above. Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. The said section of road will be subject to a lane closures with flaggers beginning November 28, 2022 through March 31, 2023 from 7:00 PM through 6:00 AM. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Media: 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. 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/. Their latest acquisition was PizzaRev on May 22, 2017. 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. US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. 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. This shift will allow for the next phase of construction of the bridge/wildlife crossing, box culverts, and roadway on the north side (westbound) of the project. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Presto overlays next-gen digital solutions onto the physical world. Copyright 2023 CB Information Services, Inc. All rights reserved. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Please be aware of the advanced warning signs in these areas. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. 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. 2023 PitchBook. 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. About us. This project should be complete by the end of February. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. Cleveland Avenue (investor). Find top employees, contact details and business statistics at RocketReach. At the end of February 2023, crews with then open the roadway to two-way traffic while they install drainage pipe and make improvements from Gary Road south to near Bonita Beach Road. 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. Motorists and pedestrians are urged to use extra caution in this area. . 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 should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. 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. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. SaaS, Android, Cloud Computing, Medical Device). Bonita Beach Road SW between Meadowlark Lane and Windsor Road Bonita Springs, FL (ROW2022-00329): Bradanna, Inc. will be performing roadway and sidewalk improvements beginning Monday, April 10, 2022, and continuing through Sunday, April 30, 2023. By Staff | Feb 23, 2023 He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. The contractor is Wright Construction. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Search Crunchbase. 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. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. 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. | Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and locations. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Area Wide Protective will be providing MOT services. Sanibel Causeway Emergency Restoration: As a part of the Florida Department of Transportations (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Description. The project includes adding on-road bike lanes, some sidewalk, installing new drainage, and constructing a wildlife crossing approximately 1000 feet west of the entrance to Cypress Shadows Boulevard. 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. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Learn more atwww.ilgif.com. The projected end date is March 31, 2023. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). 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. McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. This list is designed to show off the investors with exceptional track records, industry experience and a . RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. 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. Try for free at rocketreach.co Starting Sunday, January 15, 2023, these 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. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. 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 . Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. The firm prefers to invest in food tech, restaurant, and technology sectors. 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. The curb/sidewalk demo for the entrance to Logistics Drive, between Lee Road and Domestic Avenue off Alico Road will occur between Monday, February 6, 2023 and Tuesday, February 28, 2023 and affect the outside travel Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. 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. investor@presto.com, Brock Strasbourger Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Southbound will be detoured from Bell Blvd. 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. Martin Luther King Jr. Boulevard. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. CBI websites generally use certain cookies to enable better interactions with our sites and services. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Crews will be replacing the signal. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. AI voice assistants can redeploy staff to focus on higher-value tasks while the AI voice assistant greets guests, takes orders, and offers upsells, resulting in higher profits. The MOT/TTC will be provided by Andrew Sitework. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . 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). 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. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . 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. 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. 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. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. Cleveland Avenue State Treasurers Urban Success Fund. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. For further information, please contact paving@leegov.com. All rights reserved. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Number of Exits 2. The information is general in nature and does not constitute advice. This project is expected to be completed in summer 2023. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. 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. Beginning 7 a.m. through 5 p.m. Monday February 20 through Saturday February 25, 2023, crews will close sidewalks and driveways for water main crossing. Illinois Growth and Innovation Fund(ILGIF). Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Very incredibly proud of you and your next step Jason. . to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. 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. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. 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. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. We have tried to select a variety of different types of investors across a variety of niches. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Area Wide Protective will be providing MOT services. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. Roadwatch Update 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. Crews continue driving sheet pile around the causeway islands. traffic will be detoured east on Sentinela Blvd. Voters in 1848 chose to make it an elected office. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. Each segment will have most of the construction completed prior to moving to the next segment. Crews continue earthwork on the causeway islands. Informed by deep industry intelligence, we bring insight and . For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. For further information, please contact John Dalton at (239) 898-7853. Copyright 2023. Work is expected to be completed by the week of March 6, 2023. The projected start date is January 30, 2023. our sites and services. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. For further information, please contact Eli Enders at (239) 433-3000. 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. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Dom's expects to open its first location in Chicago in June. Investor Type Accelerator, Venture Capital. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. The projected start date is October 1, 2022. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. 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. 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. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . Founders Don Thompson, J. Skyler Fernandes. 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. Scotts Safety will be providing all maintenance of traffic services for this project. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. Diversity Spotlight (US Headquarters Only). The projected end date is March 31, 2023.

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