Monument to Peter I installed on the street in front of the plant Soviet arms factory. This is due primarily to the fact that the arms factory in Tula was built by order of the first Russian emperor.

Tula arms production has arisen in 1595. Across the river Upa was forging settlement whose inhabitants made cold steel and firearms. At the end of the 17th century, when the boundary moved to the south of the state, Tula became an important commercial and industrial center. There are all necessary conditions for the development of industry and the arms industry: there were a number of deposits of iron ore, was attended by energy and labor is required. February 15, 1712 Peter I issued a decree on the construction on the Upa, the treasury in the Tula arms factory "to guns fuzei, grind and drill guns and swords and knives sharpening water."

Monument to Peter the Great was established April 28, 1912, to celebrate the 200th anniversary of the founding of the Imperial arms factory. The commemoration of the plant was then followed by a visit to the city of Prince Sergei Mikhailovich and mass festivities. On the eve of the anniversary of the workers received the award in the amount of money daily wage. Celebrations on the occasion of opening of the monument began with the one who initiated the famous factory, Peter the Great. Arms factory and the adjoining streets were decorated with flags and electric illumination. In the square where a white cloth was hidden monument, installed bleachers. Arms factory workers to the king treated with reverence, which is why funds for the erection of the monument they had collected themselves.

Originally, the monument installed at the factory, but in 1962 it moved to the area before the plant management. The author of the monument is sculptor RR Bach. Bach, Robert R. - comes from a family of Germans in Riga, sculptor and academician, the creator of such famous works as the monument to Mikhail Glinka in St. Petersburg, the monument to Alexander III in Feodosia, the Pushkin monument in Tsarskoye Selo. For many years he worked at Kasli Ironworks. Monument to Peter I in Tula Bach brought deserved fame, thanks to the skill in the transmission of image and character of the great emperor in the sculptural image. Unlike other monuments of the first Russian Emperor in St. Petersburg, Moscow, Voronezh, Arkhangelsk, Sochi, Tula Peter is the closest to understanding the simple workman people. In it the author depicted the king - the worker, not afraid of hard work, determination and strong.

Monument to Peter - a three-meter statue, cast in bronze, standing on a granite pedestal. The first Russian emperor presented here not as the king-reformer, but as a simple worker: with a hammer in the hands of an anvil, a shirt with rolled-up sleeves and an apron. In this way the sculptor revealed one aspect of the character of Peter.

By order of the RSFSR Council of Ministers since 1960 the monument is an object of cultural heritage, protected by the state.