diff --git a/docs/changes/4.1.0.rst b/docs/changes/4.1.0.rst
new file mode 100644
index 000000000..5a9d8dc43
--- /dev/null
+++ b/docs/changes/4.1.0.rst
@@ -0,0 +1,25 @@
+Changelog for Falcon 4.1.0
+==========================
+
+Summary
+-------
+
+Falcon 4.1 is in development. The progress is tracked via the
+`Version 4.1 milestone <https://github.com/falconry/falcon/milestone/41>`__
+on GitHub.
+
+
+.. Changes to Supported Platforms
+.. ------------------------------
+
+.. NOTE(vytas): No changes to the supported platforms (yet).
+
+
+.. towncrier release notes start
+
+Contributors to this Release
+----------------------------
+
+Many thanks to all of our talented and stylish contributors for this release!
+
+- `vytas7 <https://github.com/vytas7>`__
diff --git a/docs/changes/index.rst b/docs/changes/index.rst
index 24deb80b7..dca255c42 100644
--- a/docs/changes/index.rst
+++ b/docs/changes/index.rst
@@ -3,6 +3,7 @@ Changelogs
 
 .. toctree::
 
+   4.1.0 <4.1.0>
    4.0.2 <4.0.2>
    4.0.1 <4.0.1>
    4.0.0 <4.0.0>
diff --git a/falcon/version.py b/falcon/version.py
index 8698e5afa..21a355c2c 100644
--- a/falcon/version.py
+++ b/falcon/version.py
@@ -14,5 +14,5 @@
 
 """Falcon version."""
 
-__version__ = '4.0.2'
+__version__ = '4.1.0.dev1'
 """Current version of Falcon."""
diff --git a/pyproject.toml b/pyproject.toml
index 21001d2f8..ac71c10c4 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -116,7 +116,7 @@ include = ["falcon*"]
 [tool.towncrier]
     package = "falcon"
     package_dir = ""
-    filename = "docs/changes/4.0.2.rst"
+    filename = "docs/changes/4.1.0.rst"
     directory = "docs/_newsfragments"
     issue_format = "`#{issue} <https://github.com/falconry/falcon/issues/{issue}>`__"