diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index b587fb0e3..d589fdd77 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.0.0
+current_version = 1.1.0b1
 parse = (?P<major>\d+)
 	\.(?P<minor>\d+)
 	\.(?P<patch>\d+)
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4958107e8..c0431edec 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,12 +1,19 @@
-## dbt-redshift 1.0.1 (TBD)
+## dbt-redshift 1.1.0b1 (March 23, 2022)
 
 ### Fixes
-- Fix test related to preventing coercion of boolean values (True,False) to numeric values (0,1) in query results ([#58](https://github.com/dbt-labs/dbt-redshift/blob/1.0.latest/CHANGELOG.md))
-- Fix table creation statement ordering when including both the BACKUP parameter as well as the dist/sort keys ([#23](https://github.com/dbt-labs/dbt-redshift/issues/60))
+- Fix test related to preventing coercion of boolean values (True,False) to numeric values (0,1) in query results ([#58](https://github.com/dbt-labs/dbt-redshift/pull/58))
+- Fix table creation statement ordering when including both the BACKUP parameter as well as the dist/sort keys ([#23](https://github.com/dbt-labs/dbt-redshift/issues/60)),([#63](https://github.com/dbt-labs/dbt-redshift/pull/63))
 - Add unique\_id field to docs generation test catalogs; a follow-on PR to core PR ([#4168](https://github.com/dbt-labs/dbt-core/pull/4618)) and core PR ([#4701](https://github.com/dbt-labs/dbt-core/pull/4701))
 
 ### Under the hood
-- install compatible branch of dbt-core in unit/integration tests based on merge target ([#80](https://github.com/dbt-labs/dbt-redshift/pull/80))
+- Install compatible branch of dbt-core in unit/integration tests based on merge target ([#80](https://github.com/dbt-labs/dbt-redshift/pull/80))
+- Add stale pr/issue github action ([#65](https://github.com/dbt-labs/dbt-redshift/pull/65))
+- Add env example file ([#69](https://github.com/dbt-labs/dbt-redshift/pull/69))
+
+### Contributors
+- [@SMeltser](https://github.com/SMeltser)([#63](https://github.com/dbt-labs/dbt-redshift/pull/63))
+
+## dbt-redshift 1.0.1 (TBD)
 
 ## dbt-redshift 1.0.0 (December 3, 2021)
 
diff --git a/dbt/adapters/redshift/__version__.py b/dbt/adapters/redshift/__version__.py
index de43469d2..a86cb5c59 100644
--- a/dbt/adapters/redshift/__version__.py
+++ b/dbt/adapters/redshift/__version__.py
@@ -1 +1 @@
-version = '1.0.0'
+version = '1.1.0b1'
diff --git a/setup.py b/setup.py
index 6a858f740..80561cb5c 100644
--- a/setup.py
+++ b/setup.py
@@ -52,7 +52,7 @@ def _get_dbt_core_version():
 
 
 package_name = "dbt-redshift"
-package_version = "1.0.0"
+package_version = "1.1.0b1"
 dbt_core_version = _get_dbt_core_version()
 description = """The Redshift adapter plugin for dbt"""