diff --git a/src/python/pants/VERSION b/src/python/pants/VERSION
index df2a6cb1474..02cbf3a498c 100644
--- a/src/python/pants/VERSION
+++ b/src/python/pants/VERSION
@@ -1 +1 @@
-2.3.0.dev0
+2.3.0.dev1
diff --git a/src/python/pants/notes/2.3.x.md b/src/python/pants/notes/2.3.x.md
index c08261caaa7..b86f8414be6 100644
--- a/src/python/pants/notes/2.3.x.md
+++ b/src/python/pants/notes/2.3.x.md
@@ -1,3 +1,39 @@
+# 2.3.x Stable Releases
+
+See https://www.pantsbuild.org/v2.3/docs/release-notes-2-3 for an overview of the changes in this release series.
+
+## 2.3.0.dev1 (Jan 21, 2021)
+
+### New Features
+
+* Support Pex CLI `--unzip` and `--include-tools`. ([#11483](https://github.com/pantsbuild/pants/pull/11483))
+
+### User API Changes
+
+* Remove deprecated `--pants-bootstrapdir` and `--pants-configdir` options ([#11491](https://github.com/pantsbuild/pants/pull/11491))
+
+### Plugin API Changes
+
+* Remove `RunInfo` class ([#11456](https://github.com/pantsbuild/pants/pull/11456))
+
+### Bug fixes
+
+* Fix use of remote store when in eager cache mode ([#11468](https://github.com/pantsbuild/pants/pull/11468))
+
+* Workaround Rust 1.49 breaking macOS processes with a materialized argv0 ([#11452](https://github.com/pantsbuild/pants/pull/11452))
+
+### Performance
+
+* Use speculation for remote cache reads ([#11429](https://github.com/pantsbuild/pants/pull/11429))
+
+### Documentation
+
+* Change logging level for Scrubbed PYTHONPATH to be debug ([#11480](https://github.com/pantsbuild/pants/pull/11480))
+
+* Add failure logging to the StoreGCService. ([#11460](https://github.com/pantsbuild/pants/pull/11460))
+
+* Document address storage in AsyncFieldMixin. ([#11448](https://github.com/pantsbuild/pants/pull/11448))
+
 ## 2.3.0.dev0 (Jan 10, 2021)
 
 ### User API Changes