diff --git a/Cargo.lock b/Cargo.lock
index 7cc9658b..f4c9a9cc 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2908,33 +2908,13 @@ dependencies = [
  "indexmap",
 ]
 
-[[package]]
-name = "pin-project"
-version = "0.4.30"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3ef0f924a5ee7ea9cbcea77529dba45f8a9ba9f622419fe3386ca581a3ae9d5a"
-dependencies = [
- "pin-project-internal 0.4.30",
-]
-
 [[package]]
 name = "pin-project"
 version = "1.0.12"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ad29a609b6bcd67fee905812e544992d216af9d755757c05ed2d0e15a74c6ecc"
 dependencies = [
- "pin-project-internal 1.0.12",
-]
-
-[[package]]
-name = "pin-project-internal"
-version = "0.4.30"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "851c8d0ce9bebe43790dedfc86614c23494ac9f423dd618d3a61fc693eafe61e"
-dependencies = [
- "proc-macro2 1.0.47",
- "quote 1.0.20",
- "syn 1.0.104",
+ "pin-project-internal",
 ]
 
 [[package]]
@@ -4492,7 +4472,7 @@ dependencies = [
  "hyper",
  "hyper-timeout",
  "percent-encoding",
- "pin-project 1.0.12",
+ "pin-project",
  "prost",
  "prost-derive",
  "tokio",
@@ -4528,7 +4508,7 @@ dependencies = [
  "futures-util",
  "hdrhistogram",
  "indexmap",
- "pin-project 1.0.12",
+ "pin-project",
  "pin-project-lite",
  "rand 0.8.5",
  "slab",
@@ -4547,7 +4527,7 @@ dependencies = [
  "ed25519-zebra",
  "futures",
  "futures-core",
- "pin-project 1.0.12",
+ "pin-project",
  "rand 0.8.5",
  "rayon",
  "tinyvec",
@@ -4568,7 +4548,7 @@ name = "tower-fallback"
 version = "0.2.36"
 dependencies = [
  "futures-core",
- "pin-project 0.4.30",
+ "pin-project",
  "tokio",
  "tower",
  "tracing",
@@ -4613,7 +4593,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a4546773ffeab9e4ea02b8872faa49bb616a80a7da66afc2f32688943f97efa7"
 dependencies = [
  "futures-util",
- "pin-project 1.0.12",
+ "pin-project",
  "tokio",
  "tokio-test",
  "tower-layer",
@@ -4692,7 +4672,7 @@ version = "0.2.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "97d095ae15e245a057c8e8451bab9b3ee1e1f68e9ba2b4fbc18d0ac5237835f2"
 dependencies = [
- "pin-project 1.0.12",
+ "pin-project",
  "tracing",
 ]
 
@@ -5587,7 +5567,7 @@ dependencies = [
  "lazy_static",
  "metrics",
  "ordered-map",
- "pin-project 1.0.12",
+ "pin-project",
  "proptest",
  "proptest-derive",
  "rand 0.8.5",
@@ -5765,7 +5745,7 @@ dependencies = [
  "metrics-exporter-prometheus",
  "num-integer",
  "once_cell",
- "pin-project 1.0.12",
+ "pin-project",
  "proptest",
  "proptest-derive",
  "prost",
diff --git a/deny.toml b/deny.toml
index 34d8103f..4498a512 100644
--- a/deny.toml
+++ b/deny.toml
@@ -35,9 +35,6 @@ skip = [
 # dependencies starting at the specified crate, up to a certain depth, which is
 # by default infinite
 skip-tree = [
-    # ticket #3000: upgrade tower-fallback dependencies
-    { name = "pin-project", version = "=0.4.30" },
-
     # wait for ordered-map to release a dependency fix
     { name = "ordered-map", version = "=0.4.2" },
 
diff --git a/tower-fallback/Cargo.toml b/tower-fallback/Cargo.toml
index bb1ec8a3..3e769fd6 100644
--- a/tower-fallback/Cargo.toml
+++ b/tower-fallback/Cargo.toml
@@ -6,7 +6,7 @@ license = "MIT"
 edition = "2021"
 
 [dependencies]
-pin-project = "0.4.29"
+pin-project = "1.0.12"
 tower = "0.4.13"
 futures-core = "0.3.26"
 tracing = "0.1.37"
diff --git a/tower-fallback/src/future.rs b/tower-fallback/src/future.rs
index dbbea911..aecf08ee 100644
--- a/tower-fallback/src/future.rs
+++ b/tower-fallback/src/future.rs
@@ -1,8 +1,5 @@
 //! Future types for the `Fallback` middleware.
 
-// TODO: remove this lint exception after upgrading to pin-project 1.0.11 or later (#2355)
-#![allow(dead_code)]
-
 use std::{
     fmt::Debug,
     future::Future,
@@ -29,7 +26,7 @@ where
     state: ResponseState<S1, S2, Request>,
 }
 
-#[pin_project(project_replace, project = ResponseStateProj)]
+#[pin_project(project_replace = __ResponseStateProjectionOwned, project = ResponseStateProj)]
 enum ResponseState<S1, S2, Request>
 where
     S1: Service<Request>,