The monument to Sergey Yesenin was unveiled on October 25, 2006. It was created by the People's Artist of Russia and Vice-President of the Russian Academy of Arts Anatoly Bichukov. The monument weighs 250 kilograms and was consecrated by the rector of the Kazan Church in the village of Konstantinovo, Archpriest Alexander Kuropatkin. It was in this church that the poet himself was baptized over a hundred years ago.

The location for the monument was chosen by the chief artist of the city, Evgeny Barsukov. It is situated in a square on Kardashov Street, which was later named Yesenin Square. The architectural project of the monument was developed by Evgeny Barsukov and Roman Pupavtsev, who became co-authors with sculptor Anatoly Bichukov. The bronze sculpture of the poet was financed by Sergey Bezrukov, while the funds for the pedestal and landscaping were provided by Vladimir Bubnov.

An important role in the creation of the monument was played by Voronezh director Vladimir Parshikov, who worked in local television and made a documentary film about Yesenin's life, as well as Yegor Ivanov, director of the S. Yesenin People's Museum in Voronezh.

The solemn opening of the monument took place in April 2007. The ceremony was attended by the residents of Voronezh, the authors of the monument, Sergey Bezrukov with his father, and foreign guests.