diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3495b086..45b06319 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,21 @@
 # Changelog
 
+## v1.17.0
+
+This is a major update to Buildroot 2021.08. Please review the Buildroot release
+notification below in addition to the following.
+
+1. Buildroot's default version of GCC changed, so add the following to your
+   `nerves_defconfig`:
+
+   ```
+   BR2_TOOLCHAIN_EXTERNAL_GCC_10=y
+   ```
+
+* Package updates
+  * [Buildroot 2021.08](http://lists.busybox.net/pipermail/buildroot/2021-September/622072.html)
+  * [Erlang/OTP 24.1](https://erlang.org/download/OTP-24.1.README)
+
 ## v1.16.5
 
 * Improvements
diff --git a/VERSION b/VERSION
index 0d92a102..092afa15 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.16.5
+1.17.0