The district was founded for merchants at the time when Nagoya Castle was constructed as the seat of the Owari lords in 1610 CE (Keichō 15), following the move from the town of Kiyosu.
The merchants who lived and worked here in their machiya houses traded in rice, miso, sake, salt, charcoal and wood.
As a result, Tokugawa Yoshimichi, the 4th lord of Owari, decided to widen the back street that runs parallel to the Hori Canal.
The name is thought to date back to time of the migration of the seat of government from Kiyosu to Nagoya in 1610 CE.
The inscription on the ornamental metal knobs are inscribed with "Gojō Bridge, Keichō 7, Year of the Tiger, June, Lucky Day."