diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 00000000..698015b7
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,23 @@
+# Changelog
+
+All notable changes to this project will be documented in this file.
+
+The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.1.0/),
+and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
+
+## [Unreleased]
+
+### Added
+
+- Support DeleteRegisteredModelAlias endpoint (#48).
+
+### Fixed
+
+- Add alias for ui (#112).
+- Add better message for file store uris. (#114).
+
+## [0.1.0] - 2025-01-22
+
+### Miscellaneous
+
+- Initial release!
\ No newline at end of file
diff --git a/CONTRIBUTING.md b/CONTRIBUTING.md
index c3dff48b..4ac70f21 100644
--- a/CONTRIBUTING.md
+++ b/CONTRIBUTING.md
@@ -24,6 +24,7 @@
   - [Run tests](#run-tests)
     - [Debug Failing Tests](#debug-failing-tests)
     - [Targeting Local Postgres in Python Tests](#targeting-local-postgres-in-python-tests)
+  - [Release Process](#release-process)
 
 
 
@@ -353,4 +354,13 @@ def test_search_runs_datasets():
     store = SqlAlchemyStore(db_uri, artifact_uri.as_uri())
 ```
 
-in the test file located in `.mlflow.repo`.
\ No newline at end of file
+in the test file located in `.mlflow.repo`.
+
+## Release Process
+
+Currently, the release process is not fully automated. The maintainers need to follow these steps:
+
+- Ensure the [CHANGELOG.md](./CHANGELOG.md) file is up to date and contains a new `## [version]` heading for the version you wish to publish.
+- Build a wheel locally and perform a sanity check to verify that your new version has been picked up.
+- Create a release (via the GitHub website) and tag it with the version you just created. You can copy your release notes from the changelog.
+- Once a tag is created, the [GitHub release workflow](./.github/workflows/release.yml) will automatically publish to PyPI.
\ No newline at end of file
diff --git a/magefiles/build.go b/magefiles/build.go
index dd73912e..bcad7347 100644
--- a/magefiles/build.go
+++ b/magefiles/build.go
@@ -4,11 +4,91 @@
 package main
 
 import (
+	"bufio"
+	"errors"
+	"fmt"
+	"log"
+	"os"
+	"regexp"
+	"strings"
+
 	"github.com/magefile/mage/sh"
 )
 
+var errNoVersionInChangelog = errors.New("no version found in changelog")
+
+const writeFilePermission = 0o600
+
+// Update the pyproject.toml version based on the changelog.
+func updateVersionFromChangelog(changelogPath, pyprojectPath string) error {
+	// Define the regex pattern to match a version line, e.g., ## [0.1.0]
+	versionPattern := regexp.MustCompile(`\#\# \[(\d+\.\d+.\d+)\]`)
+
+	// Open the changelog file
+	file, err := os.Open(changelogPath)
+	if err != nil {
+		return fmt.Errorf("failed to open changelog: %w", err)
+	}
+	defer file.Close()
+
+	// Find the first matching version
+	var version string
+
+	scanner := bufio.NewScanner(file)
+	for scanner.Scan() {
+		line := scanner.Text()
+
+		matches := versionPattern.FindStringSubmatch(line)
+		if len(matches) > 1 {
+			version = matches[1]
+
+			break
+		}
+	}
+
+	if err := scanner.Err(); err != nil {
+		return fmt.Errorf("error reading changelog: %w", err)
+	}
+
+	if version == "" {
+		return errNoVersionInChangelog
+	}
+
+	// Read the pyproject.toml file
+	pyproject, err := os.ReadFile(pyprojectPath)
+	if err != nil {
+		return fmt.Errorf("failed to read pyproject.toml: %w", err)
+	}
+
+	// Update the version in the pyproject.toml file
+	lines := strings.Split(string(pyproject), "\n")
+	for i, line := range lines {
+		if strings.HasPrefix(line, "version =") {
+			lines[i] = fmt.Sprintf("version = \"%s\"", version)
+
+			break
+		}
+	}
+
+	// Write the updated pyproject.toml back
+	updatedPyproject := strings.Join(lines, "\n")
+
+	err = os.WriteFile(pyprojectPath, []byte(updatedPyproject), writeFilePermission)
+	if err != nil {
+		return fmt.Errorf("failed to write updated pyproject.toml: %w", err)
+	}
+
+	log.Printf("Updated version in pyproject.toml to %s\n", version)
+
+	return nil
+}
+
 // Build a Python wheel.
 func Build(goos, goarch string) error {
+	if err := updateVersionFromChangelog("CHANGELOG.md", "pyproject.toml"); err != nil {
+		return err
+	}
+
 	if err := sh.RunWithV(map[string]string{
 		"TARGET_GOOS":   goos,
 		"TARGET_GOARCH": goarch,