The monument to Peter I, located in the center of Peter's Park, became the third in Russia dedicated to this emperor.

The first monument, known as the "Bronze Horseman," appeared in 1782 in Senate Square thanks to the sculptor Etienne Falconet. In 1800, another sculpture created by Carlo Rastrelli was installed in St. Petersburg near the Mikhailovsky Castle.

Unlike the first two equestrian monuments, the monument in Kronstadt depicts Peter I standing tall, majestic and proud. The height of the entire composition is 8.66 meters, of which the figure of the emperor occupies 4.57 meters.

The monument was cast in bronze by the Russian master Peter Clodt based on a model by the French sculptor Theodore Napoleon Jacques. Its unveiling took place on June 27, 1841, on the 132nd anniversary of the Battle of Poltava.

The sculpture is set on a high pedestal. The emperor, victorious in the Battle of Poltava, is depicted with a sword resting against a defeated Swedish flag. The monument is surrounded by a fence made of cannons and anchor chains embedded in the ground.

In 1961, vandals stole the sword from the monument, and it had to be recast. However, the new sword no longer matches the original swords from Peter's time.

Next to the monument is another attraction of Kronstadt, the Winter Pier, which was renamed Peter's after the monument was installed.