This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. to east on Joel Blvd. Motorist should use caution and expect some delays when work is active. Westgate Blvd McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. 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. 4. Get the full list, Morningstar Institutional Equity Research. Acceleration Services A unique team of food and beverage specialists who drive concept growth. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Where the organization is headquartered (e.g. brian@andrewssitework.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. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. It will be necessary to close the roadway in small sections and detour traffic around the work area. 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. Start Free Trial . Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. VTAQ is co-sponsored by Ventoux Acquisition Holdings and an affiliate of Chardan Capital International. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. 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. 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. Rajul Misra & Brian Ruby There can be no assurance that the data contained herein is reflective of future performance to any degree. The expected project completion is late 2023. For further questions, please contact Jennifer Dorning by email at Jennifer.Dorning@dot.state.fl.us or by phone at (239) 338-7723. 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). During the work processes, men and equipment may be temporarily in the roadway. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. 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. 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. Informed by deep industry intelligence, we bring insight and . . When Don Thompson stepped down from his role as the first Black CEO at McDonald's in 2015, he launched Cleveland Avenue, a Chicago-based venture capital firm that has invested millions in fast . 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. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. WORK PERFORMED BY OTHERS: 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. 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. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Cleveland Avenue LLC operates as a venture capital investment company. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Cleveland Avenue has made 43 investments. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. 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. 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. Please be patient as travel may be slower than usual. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. 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. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Drivers are urged to use extra caution when traveling through the work zone. 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. 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. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. 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. Crews continue earthwork on the causeway islands. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. 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. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. Active, Closed, This describes the type of investor this organization is (e.g. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . Asphalt pavement sampling will be performed. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. 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. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. brock@ventouxccm.com 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. Search Crunchbase. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Ample signs will be in place to safely guide traffic around the work area. 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. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. 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. 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 . A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. 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. Scotts Safety will be providing all maintenance of traffic services for this project. 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. | 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. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Founded by Don Thompson, the former President and CEO of McDonald's Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. 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. 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. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. You can read more about your. Founders Don Thompson, J. Skyler Fernandes. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 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. 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. The project is expected to be completed by spring 2023. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. |, https://presto.com/wp-content/uploads/2022/12/presto_voice_homepage_720p_v2.mp4, https://presto.com/wp-content/uploads/2021/12/presto_raj_yahoo_finance_interview_12_2021_720p.mp4, https://presto.com/wp-content/uploads/2021/09/presto_flex_1080p.mp4. Use the CB Insights Platform to explore Cleveland Avenue's full profile. Operating Status Active. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. 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. 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. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. 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. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Work will be done between the hours of 8:00 PM 4:00 AM. Crews will be replacing the signal. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. The projected end date is April 30, 2023. The proxy statement/prospectus will be sent to stockholders of Ventoux. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. For further information, please contact Eli Enders at (239) 433-3000. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. GL Homes is actively working in their development site across from Wild Blue Boulevard. By Staff | Feb 23, 2023 Real Times Media. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. 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. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . SaaS, Android, Cloud Computing, Medical Device). that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. 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. Motorists should be aware of vehicles entering/exiting the road in this area. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. 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. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. About Cleveland Avenue, LLC. All rights reserved. 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. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. All rights reserved. Intermittent lane closures can be expected with variable message board on approach to notify drivers. 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. The restoration efforts are part of a new underground utility improvements project for Lee County. This communication is not a solicitation of a proxy from any investor or security holder. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. Flaggers will assist motorists when necessary. Copyright 2023 CB Information Services, Inc. All rights reserved. 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. 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. Westgate Boulevard at 8th Street West: Lee County DOT will be implementing a traffic pattern change at the intersection of Westgate Boulevard and 8th Street West. 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. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Diversity Spotlight (US Headquarters Only). Each segment will have most of the construction completed prior to moving to the next segment. The activities will begin on January 3, 2023 and continue until February 17, 2023. This project is expected to be completed in summer 2023. Andrew Hayes Cleveland Avenue has 4 portfolio exits. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). The projected start date is January 30, 2023. Please be aware of the advanced warning signs in these areas. Landscaping Tree Trimming. Drive-thrus are well-suited for automation. 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. Find top employees, contact details and business statistics at RocketReach. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. 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 For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. 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. Motorists wishing to access NB Imperial Shores should follow the detour to Imperial River N, to Tarpon Ave. W and travel South on Imperial Shores Blvd. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Presto overlays next-gen digital solutions onto the physical world.
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