In 2005, a monument to Alexander II the Liberator was unveiled in Moscow, in the square between Volkhovka Street, Vsekhsvyatsky Passage, and Prechistenka Embankment, near the Cathedral of Christ the Savior. The project was developed by sculptor Alexander Rukavishnikov, architect Igor Voskresensky, and artist Sergey Sharov.

The initiative to create the monument was led by the Union of Right Forces party, with funding provided by party members and supporters, supported by the Government of Moscow. The Moscow City Duma discussed several times where exactly to place the monument. Initially, it was planned to install it in Alexander Garden, but due to the impossibility of placing a sculpture taller than six meters in the Kremlin and its surroundings, it was decided to install it in its current location.

The grand opening of the monument took place on June 7, 2005. The monument was consecrated by Patriarch Alexy II of Moscow and All Russia. The ceremony was attended by Russian Minister of Culture Alexander Sokolov, Moscow Mayor Yuri Luzhkov, the manager of the Moscow Patriarchate Metropolitan Kliment of Kaluga and Borovsk, Metropolitan Theodosius of Omsk and Tara, Archbishop Arseny of Istra, Bishop Alexander of Dmitrov, as well as representatives from government, political, public spheres, and the creative intelligentsia.

Alexander II is depicted in full height in military uniform with a royal mantle. The bronze figure of the emperor, over 6 meters tall and weighing 7 tons, is installed on a three-meter pedestal, which lists his achievements for Russia: the abolition of serfdom, the introduction of a local self-government system, military and judicial reforms, and the conclusion of the Caucasian War. Behind the emperor are two bronze lions, symbolizing old traditional Russia, dignity, strength of spirit, and royal power.