Take the following as truth: The Minato Mirai 21 project, launched in the mid-1980s, was intended to turn a huge tract of neglected waterfront north and east of Sakuragi-cho into a model city of the future, integrating business, exhibition, and leisure facilities.
Then the following statement: "The Minato Mirai 21 project was supposed to gentrify the waterfront area." is true, false, or inconclusive?
Answer: True