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. The Cleveland Avenue Food Experience is our laboratory and gathering place. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. 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. 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. Edit Lists Featuring This Company Section, Venture Capital Companies With Fewer Than 1000 Employees (Top 10K), Early Stage Venture Investors with Investments in United States, Illinois Companies With Less Than $1B in Revenue (Top 10K). The projected end date is March 31, 2023. 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 is providing this website, related electronic media and other information only as a convenience for you. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. 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 . Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. All Rights Reserved. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Description. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. 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. It will be necessary to close the roadway in small sections and detour traffic around the work area. 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. 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. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Motorists will be guided to stop short of the stop bars when leaving these communities to provide space for the trucks to back in along the roadway and deliver limerock to build the road. This 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. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. For further information, please contact Brian Williams with Pike at 239-225-8037 firstname.lastname@example.org. RESCHEDULED: During the nighttime/overnight hours on Monday, February 20 through Wednesday, February 22, motorists are urged to plan extra time when using the Ben Hill Griffin Parkway intersection. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. Area Wide Protective will be providing MOT services. Crews continue earthwork on the causeway islands. The projected end date is May 12, 2023. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, email@example.com. 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. Asphalt pavement sampling will be performed. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. 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. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Rocketreach finds email, phone & social media for 450M+ professionals. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Flaggers will assist motorists when necessary. Number of Exits 2. Cleveland Avenue has tremendous experience investing in innovative food and technology brands and restaurant operation platforms with an impressive portfolio that includes Beyond Meat, Footprint and Farmers Fridge. Very incredibly proud of you and your next step Jason. For further information, please contact Eli Enders at (239) 433-3000. Work is expected to be completed by the week of March 6, 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. There can be no assurance that the data contained herein is reflective of future performance to any degree. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. Founded by Don Thompson, the former President and CEO of McDonalds Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. Residents are entering and exiting communities on both sides of Corkscrew Road. Search Crunchbase. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. The projected end date is April 30, 2023. Operating Status Active. Presto overlays next-gen digital solutions onto the physical world. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Crews are expected to work 7 a.m. to 7 p.m. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Please be aware of the advanced warning signs in these areas. The restoration efforts are part of a new underground utility improvements project for Lee County. For additional information, please contact Victor Menocal at firstname.lastname@example.org or (305) 776-8181. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Cleveland Avenue State Treasurers Urban Success Fund. The expected project completion is late 2023. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 email@example.com. He works at Raulston Venture Capital in Cleveland. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Crews will be replacing the signal. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. 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. 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. 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: About Cleveland Avenue, LLC. Investment Stage Early Stage Venture. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. 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. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. traffic will be detoured east on Sentinela Blvd. 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. 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. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at firstname.lastname@example.org. GL Homes is actively working in their development site across from Wild Blue Boulevard. Cleveland Avenue has 4 portfolio exits. Oak View Road Widening (Buckingham Road) Fort Myers (ROW2022-01435): Southern Striping Solutions LLC will be performing roadway widening improvements beginning Tuesday, February 6, 2023, and continue through March 16, 2023. Diversity Spotlight (US Headquarters Only). Try for free at rocketreach.co ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Cleveland Avenue LLC is a Venture Capital & Private Equity, and Finance company located in Chicago, Illinois with $9.00 Million in revenue and 63 employees. 12, or email at email@example.com. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, firstname.lastname@example.org. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. lane traveling westbound on Alico Road. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. 03 or Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Copyright 2023. All rights reserved. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. Win whats next. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. 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. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. The contractor is Wright Construction. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Cleveland Avenue LLC operates as a venture capital investment company. Corporate Venture Capital; 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 feature is in beta and may change with future updates. For further information, please contact Trevor Bianco at (813) 439-4433 or email@example.com. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. The bridge locations are: MEDIA CONTACTS 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. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. The Company invests in restaurant, food, and beverage companies. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Voters in 1848 chose to make it an elected office. Description. Aquinas Early, on behalf of Cleveland Avenue |firstname.lastname@example.org| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |email@example.com|. 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. 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. Founded at M.I.T. Landscaping Tree Trimming. Contact Email firstname.lastname@example.org. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. Cleveland Avenue General Information. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . 4. For further information, please contact Brian Williams with Pike at 239-225-8037 email@example.com. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. 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). Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. This project should be complete by the end of February. The projected start date is October 1, 2022. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to firstname.lastname@example.org. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . The roadway north and south of the work area will be open to two-way traffic. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Work times will be from 7:00 AM to 5:00 PM. 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. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project.