diff --git a/CHANGELOG.md b/CHANGELOG.md
index 109fe4bb94..8be02d7b52 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,13 @@
+## 0.8.0 (UNRELEASED)
+
+BREAKING CHANGES:
+
+FEATURES:
+
+IMPROVEMENTS:
+
+BUG FIXES:
+
 ## 0.7.4 (February 6, 2017)
 
 IMPROVEMENTS:
diff --git a/version/version_base.go b/version/version_base.go
index df66f93aba..0c8191444e 100644
--- a/version/version_base.go
+++ b/version/version_base.go
@@ -7,10 +7,10 @@ package version
 // adding new versions and pick a name that will follow "version_base.go".
 func init() {
 	// The main version number that is being run at the moment.
-	Version = "0.7.4"
+	Version = "0.8.0"
 
 	// A pre-release marker for the version. If this is "" (empty string)
 	// then it means that it is a final release. Otherwise, this is a pre-release
 	// such as "dev" (in development), "beta", "rc1", etc.
-	VersionPrerelease = ""
+	VersionPrerelease = "dev"
 }
diff --git a/website/config.rb b/website/config.rb
index 19c452046a..41ffa5598e 100644
--- a/website/config.rb
+++ b/website/config.rb
@@ -6,7 +6,7 @@ set :base_url, "https://www.consul.io/"
 
 activate :hashicorp do |h|
   h.name        = "consul"
-  h.version     = "0.7.3"
+  h.version     = "0.7.4"
   h.github_slug = "hashicorp/consul"
 end