Area Wide Protective will be providing MOT services. 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 Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. Dom's expects to open its first location in Chicago in June. (650) 817-9012, Investors: Area Wide Protective will be providing MOT services. 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. WORK PERFORMED BY OTHERS: ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Motorists should be aware of vehicles entering/exiting the road in this area. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. It will be necessary to close the roadway in small sections and detour traffic around the work area. 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. Ample signs will be in place to safely guide traffic around the work area. For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Cleveland Avenue acquired 1 company. Presto overlays next-gen digital solutions onto the physical world. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. 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. 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. 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. lane traveling westbound on Alico Road. Northbound Bell Blvd. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. This feature is in beta and may change with future updates. Use the CB Insights Platform to explore Cleveland Avenue's full profile. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. The projected end date is May 12, 2023. brian@andrewssitework.com. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. Copyright 2023 Cleveland Avenue, LLC. The project will be constructed in three segments. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. 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 The firm prefers to invest in food tech, restaurant, and technology sectors. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. The Cleveland Avenue Food Experience is our laboratory and gathering place. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. 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 has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. Residents are entering and exiting communities on both sides of Corkscrew Road. Scotts Safety will be providing all maintenance of traffic services for this project. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. The Treasurers Office predates Illinois incorporation in 1818. 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. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. This press release is not a substitute for the proxy statement/prospectus. 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. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 ACME Barricades will provide maintenance of traffic services (954) 321-3587. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. | 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. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. The projected start date is January 30, 2023. The proxy statement/prospectus will be sent to stockholders of Ventoux. 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. By Staff | Feb 23, 2023 Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. The fund is based in Chicago, Illinois. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Call (844) 417-2688 with any questions. All rights reserved. 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. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Description. Work times will be from 7:00 AM to 5:00 PM. The fund invests in companies across the food and beverages and TMT sectors. 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. For all other questions please call general foreman Denny Spencer (239)810-9071. 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. 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 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 . Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Corporate Venture Capital; 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/. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. The firm prefers to invest in food tech, restaurant, and technology sectors. 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. Rocketreach finds email, phone & social media for 450M+ professionals. Contact Email info@clevelandavenue.com. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. Accelerating growth for businesses and developing entrepreneurs. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. 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. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Traffic will be maintained with flagmen. 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. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. 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. 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 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. By continuing to use this site you are consenting to these choices. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. 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. 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. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. 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. Description. 2. 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. Area Wide Protective will be providing MOT services. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. The contractor is Wright Construction. 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. 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. 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. For further information, please contact John Dalton at (239) 898-7853. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.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. About us. 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. The investment approach is cautious to ensure the preservation of capital. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. The projected start date is September 19, 2022. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. We do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. 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. Work will be done between the hours of 8:00 PM 4:00 AM. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. All Rights Reserved. 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. You can read more about your cookie choices at our privacy policyhere. 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. MEDIA CONTACTS 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. This project consists of widening Burnt Store Road to four lanes. . MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. 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. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Asphalt pavement sampling will be performed. Each segment will have most of the construction completed prior to moving to the next segment. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. 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.. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. 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. The MOT/TTC will be provided by Southwest Utility Systems. 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. Get the full list, Youre viewing 5 of 241 co-investor. You can read more about your.