US 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. ACME Barricades will provide maintenance of traffic services (239) 479-5266. All rights reserved. You can read more about your cookie choices at our privacy policyhere. Traffic will be maintained with flagmen. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 2. 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. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Motorists should use caution while driving in the area. Dom's Kitchen & Market, which is part market and part kitchen, said on Wednesday that it has raised another $15 million in growth capitalbringing the total amount to $25 million. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. MEDIA CONTACTS For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. 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. Landscaping Tree Trimming. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. The activities will require lane closures between 9:00 PM and 5:00 AM. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. A Cleveland Avenue Fund . The projected end date is March 31, 2023. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. 03 or Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. 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. For all other questions please call general foreman Denny Spencer (239)810-9071. 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. 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. 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. 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. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. (650) 817-9012, Investors: For questions, please Contact Rob Radford (239) 229-5980. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color., Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Please contact 239-936-9444 with any questions or concerns. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. You can read more about your. Cleveland Avenue, Llc Ceo Don Thompson & Vital Proteins Ceo Tracey Estimated completion is late 2023. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . The Treasurers Office predates Illinois incorporation in 1818. 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. 22 Best & Most Active Cleveland Venture Capitalists (VC) Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. 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. 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 Cleveland Avenue Food Experience is our laboratory and gathering place. Each segment will have most of the construction completed prior to moving to the next segment. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. traffic will be detoured east on Sentinela Blvd. Southbound will be detoured from Bell Blvd. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. 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. The project will be constructed in three segments. Crews are expected to work 7 a.m. to 7 p.m. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. A unique team of food and beverage specialists who drive concept growth. Martin Luther King Jr. Boulevard. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. Black Female Founders Raise Millions in Venture Capital - Business Insider 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. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. 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. 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. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Cleveland Avenue General Information. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. CAST US Press Release - Cleveland Avenue station Don Thompson grew up near Cabrini-Green and went on to lead McDonald's Copyright 2023 Cleveland Avenue, LLC. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. 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. It will be necessary to close the roadway in small sections and detour traffic around the work area. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. 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. Tony Manna combines his entrepreneurial endeavors with Hough Cleveland Avenue Email Formats & Employee Phones Venture Capital Return to Cleveland Avenue Site. 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. However, Ventoux, Presto, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed business combination under the rules of the SEC. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. 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. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Cleveland Avenue 29 Portfolio companies, 34 Investments, Team Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Weather may affect start times and dates. Description. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Presto overlays next-gen digital solutions onto the physical world. Information about Ventouxs directors and executive officers and their ownership of Ventouxs securities is set forth in filings with the SEC, including Ventouxs annual report on Form 10-K filed with the SEC on February 23, 2022. Start Free Trial . Investor Type Accelerator, Venture Capital. . Meriem S. on LinkedIn: We celebrated Jason Ritter with a little team 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. Contact Email info@clevelandavenue.com. This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. Number of Exits 2. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. Motorists should expect a new traffic pattern on Friday morning, February 25. Phone Number 312.383.6700. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. The projected end date is March 31, 2023. ACME Barricades will provide maintenance of traffic services (954) 321-3587. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Cleveland Avenue Announces $70 Million CAST US Initiative for Minority 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. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Area Wide Protective will be providing MOT services. For questions, please contact Kris Cella at (239) 337-1071. 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. Gunnery 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. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. The projected end date is April 30, 2023. 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. Cleveland Avenue | LinkedIn Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. 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: For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Their latest acquisition was PizzaRev on May 22, 2017. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Description. 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. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. Area Wide Protective will be providing MOT services. This is anticipated to be completed by the end of March 2023. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. WORK PERFORMED BY OTHERS: After having served as President of World Business Chicago, Zopp is applying her mix of corporate, civic, and social impact experiences to support these promising entrepreneurs. 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. Motorists should be aware of vehicles entering/exiting the road in this area. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. 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. , New York), and Somrus (a line of Indian flavoured liqueurs). For further information you can contact Jessie Culpepper at 239-913-9127. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Diversity Spotlight (US Headquarters Only). The firm prefers to invest in food tech, restaurant, and technology sectors. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 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. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Illinois Growth and Innovation Fund(ILGIF). Lee County DOT will be performing lane maintenance through toll plaza. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Chief Financial Officer & Chief Investment Officer, Managing Director, Investor Relations & Chief of Staff, Youre viewing 10 of 67 investments. 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. 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. Cleveland Avenue (Venture Capital) - Wiki | Golden Win whats next. 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. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. When available, these documents can be obtained free of charge from the sources indicated above. By Staff | Feb 23, 2023 lane traveling westbound on Alico Road. Where the organization is headquartered (e.g. This press release is not a substitute for the proxy statement/prospectus. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. The proxy statement/prospectus will be sent to stockholders of Ventoux. 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. 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 . Learn more. Andrew Hayes Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. Additional information regarding the participants will also be included in the proxy statement/prospectus, when it becomes available. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. 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 Clinic Ventures Investor Profile: Portfolio & Exits | PitchBook in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Don Thompson's venture capital firm ups its investment in Dom's Kitchen The roadway north and south of the work area will be open to two-way traffic. Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. The projected start date is January 30, 2023. The projected end date is April 30, 2023. The projected start date is September 19, 2022. Get the full list, Morningstar Institutional Equity Research. The firm prefers to invest in food tech, restaurant, and technology sectors. 4. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Scotts Safety will be providing all maintenance of traffic services for this project. The detour and one-way road on Imperial Shores Blvd. This project consists of widening Burnt Store Road to four lanes. Work will be done between the hours of 8:00 PM 4:00 AM. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. During the work processes, men and equipment may be temporarily in the roadway. The median demo/install will occur between Monday, January 16, 2023 and will affect the inside lanes travelling east and west between Lee Road and Domestic Avenue on Alico Road. Angel, Fund of Funds, Venture Capital), General contact email for the organization. The information is general in nature and does not constitute advice. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. About Cleveland Avenue, LLC. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. 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). Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. . 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. 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.. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . 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. Roadwatch Update The projected end date is April 30, 2023. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. 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 firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. The typical case for the fund is to invest in rounds with 3 participants. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com.