diff --git a/.release-please-manifest-individual.json b/.release-please-manifest-individual.json
index 1370e835b53d..f8bccc197c17 100644
--- a/.release-please-manifest-individual.json
+++ b/.release-please-manifest-individual.json
@@ -1,5 +1,5 @@
 {
-  "bigquery": "1.53.0",
+  "bigquery": "1.54.0",
   "bigtable": "1.19.0",
   "datastore": "1.13.0",
   "errorreporting": "0.3.0",
diff --git a/bigquery/CHANGES.md b/bigquery/CHANGES.md
index b70dbfe7a18b..b8901a8289fb 100644
--- a/bigquery/CHANGES.md
+++ b/bigquery/CHANGES.md
@@ -3,6 +3,30 @@
 
 
 
+## [1.54.0](https://github.com/googleapis/google-cloud-go/compare/bigquery/v1.53.0...bigquery/v1.54.0) (2023-08-17)
+
+
+### Features
+
+* **bigquery/biglake:** Start generating apiv1 and apiv1alpha1 ([#8433](https://github.com/googleapis/google-cloud-go/issues/8433)) ([916f779](https://github.com/googleapis/google-cloud-go/commit/916f779a3513b2532d2e0fbd15bfd381ae3efeb5))
+* **bigquery/datatransfer:** Add EncryptionConfiguration to TransferConfig ([e3f8c89](https://github.com/googleapis/google-cloud-go/commit/e3f8c89429a207c05fee36d5d93efe76f9e29efe))
+* **bigquery/storage/managedwriter:** Refine connection metrics ([#8324](https://github.com/googleapis/google-cloud-go/issues/8324)) ([54fcf36](https://github.com/googleapis/google-cloud-go/commit/54fcf36fe7e26d6e3d11deec19f56e92ceb87d34))
+* **bigquery/storage:** Add beta2 deprecation message ([b3dbdde](https://github.com/googleapis/google-cloud-go/commit/b3dbdde48ddfa215c3c3bb110e0051fd8158f451))
+* **bigquery/storage:** Add default_missing_value_interpretation field; indicate KMS_SERVICE_ERROR is retryable ([b3dbdde](https://github.com/googleapis/google-cloud-go/commit/b3dbdde48ddfa215c3c3bb110e0051fd8158f451))
+* **bigquery:** Add ProjectID to JobIDConfig ([#8405](https://github.com/googleapis/google-cloud-go/issues/8405)) ([7fafd80](https://github.com/googleapis/google-cloud-go/commit/7fafd805327a0734e1602a597c2ded09a860f405))
+
+
+### Bug Fixes
+
+* **bigquery/datapolicies:** Sync the new PredefinedEpxression types to the client library ([fcb41cc](https://github.com/googleapis/google-cloud-go/commit/fcb41cc1d2435452ee78314c1b0362e3f21ae637))
+* **bigquery:** Use JobFromProject for storage iterator ([#8372](https://github.com/googleapis/google-cloud-go/issues/8372)) ([bfbf18c](https://github.com/googleapis/google-cloud-go/commit/bfbf18cb373cd6a88a22eec8db7033f6678df755))
+
+
+### Documentation
+
+* **bigquery/storage/managedwriter:** Augment context usage in package docs ([#8334](https://github.com/googleapis/google-cloud-go/issues/8334)) ([b30a7f4](https://github.com/googleapis/google-cloud-go/commit/b30a7f4a520c358eb71e1378b98e7413c2ea7f81))
+* **bigquery:** Improve RowIterator docs and out of process pagination with Storage API ([#8419](https://github.com/googleapis/google-cloud-go/issues/8419)) ([40f8f80](https://github.com/googleapis/google-cloud-go/commit/40f8f809d9ad1e6d2d0f6207cdf38428c306cb66))
+
 ## [1.53.0](https://github.com/googleapis/google-cloud-go/compare/bigquery/v1.52.0...bigquery/v1.53.0) (2023-07-24)
 
 
diff --git a/bigquery/internal/version.go b/bigquery/internal/version.go
index 717a52942cd0..17bf3d7db76f 100644
--- a/bigquery/internal/version.go
+++ b/bigquery/internal/version.go
@@ -16,4 +16,4 @@
 package internal
 
 // Version is the current tagged release of the library.
-const Version = "1.53.0"
+const Version = "1.54.0"