Before the ginza was set up, the area had a high concentration of cloth-dyeing shops, which moved to replacement land granted near Nishinotoin-dori and Takoyakushi-dori streets.
銀座移転前のこの地は染物屋が多く集居していたが、西洞院通蛸薬師通付近に替地を与えられ立ち退いた。