diff --git a/DEV_ENVIRONMENT.md b/DEV_ENVIRONMENT.md
index f9ed50cd2efb..a6b5f6ed95f4 100644
--- a/DEV_ENVIRONMENT.md
+++ b/DEV_ENVIRONMENT.md
@@ -9,8 +9,8 @@
 5. From the root of the project, run `npm install`.
 
 
-To build the components in dev mode, run `gulp build:components`.
-To build the components in release mode, run `gulp build:release`
+To build Material in dev mode, run `gulp material:build`.
+To build Material in release mode, run `gulp material:build-release`
  
 To bring up a local server, run `gulp serve:devapp`. This will automatically watch for changes 
 and rebuild. The browser should refresh automatically when changes are made.
diff --git a/package.json b/package.json
index 84e7aa091f74..5a298d646c2c 100644
--- a/package.json
+++ b/package.json
@@ -8,7 +8,7 @@
     "url": "https://github.com/angular/material2.git"
   },
   "scripts": {
-    "build": "gulp build:release",
+    "build": "gulp material:build-release:clean",
     "demo-app": "gulp serve:devapp",
     "test": "gulp test",
     "tslint": "gulp lint",
diff --git a/scripts/closure-compiler/build-devapp-bundle.sh b/scripts/closure-compiler/build-devapp-bundle.sh
index 0c637a32e747..35c6bc74b620 100755
--- a/scripts/closure-compiler/build-devapp-bundle.sh
+++ b/scripts/closure-compiler/build-devapp-bundle.sh
@@ -9,8 +9,8 @@ set -e -o pipefail
 cd $(dirname $0)/../..
 
 
-# Build a release of the library and of the CDK package.
-$(npm bin)/gulp build:release
+# Build a release of material and of the CDK package.
+$(npm bin)/gulp material:build-release:clean
 $(npm bin)/gulp cdk:build-release
 
 # Build demo-app with ES2015 modules. Closure compiler is then able to parse imports.
diff --git a/scripts/release/publish-build-artifacts.sh b/scripts/release/publish-build-artifacts.sh
index 3c6c96b44fe1..cbe6a6dfdddf 100755
--- a/scripts/release/publish-build-artifacts.sh
+++ b/scripts/release/publish-build-artifacts.sh
@@ -21,7 +21,7 @@ repoUrl="https://github.com/angular/material2-builds.git"
 repoDir="tmp/$repoName"
 
 # Create a release of the current repository.
-$(npm bin)/gulp build:release
+$(npm bin)/gulp material:build-release:clean
 
 # Prepare cloning the builds repository
 rm -rf $repoDir
diff --git a/src/material-examples/tsconfig-build.json b/src/material-examples/tsconfig-build.json
index ac97f66a75d7..5c9b9d3bc238 100644
--- a/src/material-examples/tsconfig-build.json
+++ b/src/material-examples/tsconfig-build.json
@@ -7,7 +7,7 @@
     "experimentalDecorators": true,
     "module": "es2015",
     "moduleResolution": "node",
-    "outDir": "../../dist/packages/examples",
+    "outDir": "../../dist/packages/material-examples",
     "rootDir": ".",
     "sourceMap": true,
     "inlineSources": true,
diff --git a/tools/gulp/gulpfile.ts b/tools/gulp/gulpfile.ts
index 78fa79b3b888..82687c0af014 100644
--- a/tools/gulp/gulpfile.ts
+++ b/tools/gulp/gulpfile.ts
@@ -1,3 +1,10 @@
+import {createPackageBuildTasks} from './util/package-tasks';
+
+/** Create gulp tasks to build the different packages in the project. */
+createPackageBuildTasks('cdk');
+createPackageBuildTasks('material', ['cdk']);
+createPackageBuildTasks('material-examples', ['material']);
+
 import './tasks/ci';
 import './tasks/clean';
 import './tasks/default';
@@ -5,12 +12,10 @@ import './tasks/development';
 import './tasks/docs';
 import './tasks/e2e';
 import './tasks/lint';
-import './tasks/release';
+import './tasks/publish';
 import './tasks/screenshots';
 import './tasks/unit-test';
 import './tasks/aot';
 import './tasks/payload';
 import './tasks/coverage';
-import './tasks/library';
-import './tasks/examples';
-import './tasks/cdk';
+import './tasks/material-release';
diff --git a/tools/gulp/tasks/aot.ts b/tools/gulp/tasks/aot.ts
index 42e18eb8d62c..57604142da9f 100644
--- a/tools/gulp/tasks/aot.ts
+++ b/tools/gulp/tasks/aot.ts
@@ -6,10 +6,10 @@ import {join} from 'path';
 
 const tsconfigFile = join(DIST_DEMOAPP, 'tsconfig-aot.json');
 
-/** Builds the demo-app and library. To be able to run NGC, apply the metadata workaround. */
+/** Builds the demo-app and material. To be able to run NGC, apply the metadata workaround. */
 task('aot:deps', sequenceTask(
   'build:devapp',
-  [':package:release', 'cdk:build-release'],
+  ['material:build-release', 'cdk:build-release'],
   'aot:copy-release'
 ));
 
diff --git a/tools/gulp/tasks/cdk.ts b/tools/gulp/tasks/cdk.ts
deleted file mode 100644
index 16aa1f14bb68..000000000000
--- a/tools/gulp/tasks/cdk.ts
+++ /dev/null
@@ -1,56 +0,0 @@
-import {task, watch} from 'gulp';
-import {join} from 'path';
-import {main as tsc} from '@angular/tsc-wrapped';
-import {SOURCE_ROOT, DIST_CDK} from '../constants';
-import {sequenceTask, sassBuildTask, copyTask, triggerLivereload} from '../util/task_helpers';
-import {buildPackageBundles, composeRelease} from '../util/package-build';
-
-// There are no type definitions available for these imports.
-const inlineResources = require('../../../scripts/release/inline-resources');
-
-const cdkRoot = join(SOURCE_ROOT, 'cdk');
-
-const tsconfigBuild = join(cdkRoot, 'tsconfig-build.json');
-const tsconfigTests = join(cdkRoot, 'tsconfig-tests.json');
-
-// Paths to the different output files and directories.
-const esmMainFile = join(DIST_CDK, 'index.js');
-
-task('cdk:clean-build', sequenceTask('clean', 'cdk:build'));
-
-task('cdk:build', sequenceTask(
-  ['cdk:build:esm', 'cdk:assets'],
-  // Inline assets into ESM output.
-  'cdk:assets:inline',
-  // Build bundles on top of inlined ESM output.
-  'cdk:build:bundles',
-));
-
-task('cdk:build-release', ['cdk:build'], () => composeRelease('cdk'));
-task('cdk:build-release:clean', sequenceTask('clean', 'cdk:build-release'));
-
-/** [Watch task] Rebuilds the CDK whenever TS, SCSS, or HTML files change. */
-task('cdk:watch', () => {
-  watch(join(cdkRoot, '**/*.ts'), ['cdk:build', triggerLivereload]);
-  watch(join(cdkRoot, '**/*.scss'), ['cdk:build', triggerLivereload]);
-  watch(join(cdkRoot, '**/*.html'), ['cdk:build', triggerLivereload]);
-});
-
-/**
- * TypeScript compilation tasks. Tasks are creating ESM, FESM, UMD bundles for releases.
- */
-
-task('cdk:build:esm', () => tsc(tsconfigBuild, {basePath: cdkRoot}));
-task('cdk:build:bundles', () => buildPackageBundles(esmMainFile, 'cdk'));
-
-task('cdk:build:esm:tests', () => tsc(tsconfigTests, {basePath: cdkRoot}));
-
-/**
- * Asset tasks. Building SASS files and inlining CSS, HTML files into the ESM output.
- */
-
-task('cdk:assets', ['cdk:assets:scss', 'cdk:assets:html']);
-
-task('cdk:assets:scss', sassBuildTask(DIST_CDK, cdkRoot, true));
-task('cdk:assets:html', copyTask(join(cdkRoot, '**/*.+(html|scss)'), DIST_CDK));
-task('cdk:assets:inline', () => inlineResources(DIST_CDK));
diff --git a/tools/gulp/tasks/development.ts b/tools/gulp/tasks/development.ts
index 316905617bfc..bd2f4890efa1 100644
--- a/tools/gulp/tasks/development.ts
+++ b/tools/gulp/tasks/development.ts
@@ -26,5 +26,5 @@ task('build:devapp', buildAppTask('devapp'));
 task(':serve:devapp', serverTask(outDir, true));
 
 task('serve:devapp', ['build:devapp'], sequenceTask(
-  [':serve:devapp', 'library:watch', ':watch:devapp']
+  [':serve:devapp', 'material:watch', ':watch:devapp']
 ));
diff --git a/tools/gulp/tasks/e2e.ts b/tools/gulp/tasks/e2e.ts
index ea94fad90712..2a70e55dccd7 100644
--- a/tools/gulp/tasks/e2e.ts
+++ b/tools/gulp/tasks/e2e.ts
@@ -48,7 +48,7 @@ task('serve:e2eapp', sequenceTask('build:e2eapp', ':serve:e2eapp'));
  * [Watch task] Builds and serves e2e app, rebuilding whenever the sources change.
  * This should only be used when running e2e tests locally.
  */
-task('serve:e2eapp:watch', ['serve:e2eapp', 'library:watch', ':watch:e2eapp']);
+task('serve:e2eapp:watch', ['serve:e2eapp', 'material:watch', ':watch:e2eapp']);
 
 /**
  * Builds and serves the e2e-app and runs protractor once the e2e-app is ready.
diff --git a/tools/gulp/tasks/examples.ts b/tools/gulp/tasks/examples.ts
deleted file mode 100644
index 4a57753c447e..000000000000
--- a/tools/gulp/tasks/examples.ts
+++ /dev/null
@@ -1,46 +0,0 @@
-import {task} from 'gulp';
-import {join} from 'path';
-import {main as tsc} from '@angular/tsc-wrapped';
-import {SOURCE_ROOT, DIST_EXAMPLES} from '../constants';
-import {sequenceTask, copyTask} from '../util/task_helpers';
-import {buildPackageBundles, composeRelease} from '../util/package-build';
-
-// There are no type definitions available for these imports.
-const inlineResources = require('../../../scripts/release/inline-resources');
-
-const examplesRoot = join(SOURCE_ROOT, 'material-examples');
-const tsconfigPath = join(examplesRoot, 'tsconfig-build.json');
-
-// Paths to the different output files and directories.
-const examplesOut = DIST_EXAMPLES;
-const examplesMain = join(examplesOut, 'index.js');
-
-task('examples:clean-build', sequenceTask('clean', 'examples:build'));
-
-task('examples:build', sequenceTask(
-  // The examples depend on the library. Build the library first.
-  'library:build',
-  // Build ESM and copy HTML assets to the dist.
-  ['examples:build:esm', 'examples:assets:html'],
-  // Inline assets into ESM output.
-  'examples:assets:inline',
-  // Build bundles on top of inlined ESM output.
-  'examples:build:bundles',
-));
-
-task('examples:build-release', ['examples:build'], () => composeRelease('material-examples'));
-task('examples:build-release:clean', sequenceTask('clean', 'examples:build-release'));
-
-/**
- * TypeScript compilation tasks. Tasks are creating ESM, FESM, UMD bundles for releases.
- */
-
-task('examples:build:esm', () => tsc(tsconfigPath, {basePath: examplesRoot}));
-task('examples:build:bundles', () => buildPackageBundles(examplesMain, 'material-examples'));
-
-/**
- * Asset tasks. Copying and inlining CSS, HTML files into the ESM output.
- */
-
-task('examples:assets:html', copyTask(join(examplesRoot, '**/*.+(html|css)'), examplesOut));
-task('examples:assets:inline', () => inlineResources(examplesOut));
diff --git a/tools/gulp/tasks/library.ts b/tools/gulp/tasks/library.ts
deleted file mode 100644
index 483be4d2e1e2..000000000000
--- a/tools/gulp/tasks/library.ts
+++ /dev/null
@@ -1,56 +0,0 @@
-import {task, watch} from 'gulp';
-import {join} from 'path';
-import {main as tsc} from '@angular/tsc-wrapped';
-import {SOURCE_ROOT, DIST_MATERIAL} from '../constants';
-import {sequenceTask, sassBuildTask, copyTask, triggerLivereload} from '../util/task_helpers';
-import {buildPackageBundles} from '../util/package-build';
-
-// There are no type definitions available for these imports.
-const inlineResources = require('../../../scripts/release/inline-resources');
-
-const libraryRoot = join(SOURCE_ROOT, 'lib');
-const tsconfigBuild = join(libraryRoot, 'tsconfig-build.json');
-const tsconfigTests = join(libraryRoot, 'tsconfig-tests.json');
-
-// Paths to the different output files and directories.
-const materialDir = DIST_MATERIAL;
-const esmMainFile = join(materialDir, 'index.js');
-
-task('library:clean-build', sequenceTask('clean', 'library:build'));
-
-task('library:build', sequenceTask(
-  // Library depends on the CDK package. Build the CDK package first.
-  'cdk:build',
-  // Build assets and ESM output concurrently.
-  ['library:build:esm', 'library:assets'],
-  // Inline assets into ESM output.
-  'library:assets:inline',
-  // Build bundles on top of inlined ESM output.
-  'library:build:bundles',
-));
-
-/** [Watch task] Rebuilds the library whenever TS, SCSS, or HTML files change. */
-task('library:watch', () => {
-  watch(join(libraryRoot, '**/*.ts'), ['library:build', triggerLivereload]);
-  watch(join(libraryRoot, '**/*.scss'), ['library:build', triggerLivereload]);
-  watch(join(libraryRoot, '**/*.html'), ['library:build', triggerLivereload]);
-});
-
-/**
- * TypeScript compilation tasks. Tasks are creating ESM, FESM, UMD bundles for releases.
- */
-
-task('library:build:esm', () => tsc(tsconfigBuild, {basePath: libraryRoot}));
-task('library:build:bundles', () => buildPackageBundles(esmMainFile, 'material'));
-
-task('library:build:esm:tests', () => tsc(tsconfigTests, {basePath: libraryRoot}));
-
-/**
- * Asset tasks. Building SaSS files and inlining CSS, HTML files into the ESM output.
- */
-
-task('library:assets', ['library:assets:scss', 'library:assets:html']);
-
-task('library:assets:scss', sassBuildTask(materialDir, libraryRoot, true));
-task('library:assets:html', copyTask(join(libraryRoot, '**/*.+(html|scss)'), materialDir));
-task('library:assets:inline', () => inlineResources(materialDir));
diff --git a/tools/gulp/tasks/lint.ts b/tools/gulp/tasks/lint.ts
index 431d709a55cf..0b997e9bfd1d 100644
--- a/tools/gulp/tasks/lint.ts
+++ b/tools/gulp/tasks/lint.ts
@@ -5,7 +5,7 @@ import {DIST_MATERIAL} from '../constants';
 gulp.task('lint', ['tslint', 'stylelint', 'madge', 'dashboardlint']);
 
 /** Task that runs madge to detect circular dependencies. */
-gulp.task('madge', ['library:clean-build'], execNodeTask('madge', ['--circular', DIST_MATERIAL]));
+gulp.task('madge', ['material:clean-build'], execNodeTask('madge', ['--circular', DIST_MATERIAL]));
 
 /** Task to lint Angular Material's scss stylesheets. */
 gulp.task('stylelint', execNodeTask(
diff --git a/tools/gulp/tasks/material-release.ts b/tools/gulp/tasks/material-release.ts
new file mode 100644
index 000000000000..693e2a9934fc
--- /dev/null
+++ b/tools/gulp/tasks/material-release.ts
@@ -0,0 +1,53 @@
+import {task, src, dest} from 'gulp';
+import {join} from 'path';
+import {writeFileSync} from 'fs';
+import {Bundler} from 'scss-bundle';
+import {execNodeTask, sequenceTask} from '../util/task_helpers';
+import {composeRelease} from '../util/package-build';
+import {COMPONENTS_DIR, DIST_MATERIAL, DIST_RELEASES} from '../constants';
+
+// There are no type definitions available for these imports.
+const gulpRename = require('gulp-rename');
+
+// Path to the release output of material.
+const releasePath = join(DIST_RELEASES, 'material');
+// The entry-point for the scss theming bundle.
+const themingEntryPointPath = join(COMPONENTS_DIR, 'core', 'theming', '_all-theme.scss');
+// Output path for the scss theming bundle.
+const themingBundlePath = join(releasePath, '_theming.scss');
+// Matches all pre-built theme css files
+const prebuiltThemeGlob = join(DIST_MATERIAL, '**/theming/prebuilt/*.css');
+// Matches all SCSS files in the library.
+const allScssGlob = join(COMPONENTS_DIR, '**/*.scss');
+
+/**
+ * Overwrite the release task for the material package. The material release will include special
+ * files, like a bundled theming SCSS file or all prebuilt themes.
+ */
+task('material:build-release', ['material:prepare-release'], () => composeRelease('material'));
+
+/**
+ * Task that will build the material package. It will also copy all prebuilt themes and build
+ * a bundled SCSS file for theming
+ */
+task('material:prepare-release', sequenceTask(
+  'material:build',
+  ['material:copy-prebuilt-themes', 'material:bundle-theming-scss']
+));
+
+/** Copies all prebuilt themes into the release package under `prebuilt-themes/` */
+task('material:copy-prebuilt-themes', () => {
+  src(prebuiltThemeGlob)
+    .pipe(gulpRename({dirname: ''}))
+    .pipe(dest(join(releasePath, 'prebuilt-themes')));
+});
+
+/** Bundles all scss requires for theming into a single scss file in the root of the package. */
+task('material:bundle-theming-scss', () => {
+  // Instantiates the SCSS bundler and bundles all imports of the specified entry point SCSS file.
+  // A glob of all SCSS files in the library will be passed to the bundler. The bundler takes an
+  // array of globs, which will match SCSS files that will be only included once in the bundle.
+  new Bundler().Bundle(themingEntryPointPath, [allScssGlob]).then(result => {
+    writeFileSync(themingBundlePath, result.bundledContent);
+  });
+});
diff --git a/tools/gulp/tasks/payload.ts b/tools/gulp/tasks/payload.ts
index 69c4496b2931..f47d11868971 100644
--- a/tools/gulp/tasks/payload.ts
+++ b/tools/gulp/tasks/payload.ts
@@ -8,8 +8,8 @@ import {openFirebaseDashboardDatabase} from '../util/firebase';
 
 const bundlesDir = join(DIST_ROOT, 'bundles');
 
-/** Task which runs test against the size of whole library. */
-task('payload', ['library:clean-build'], () => {
+/** Task which runs test against the size of material. */
+task('payload', ['material:clean-build'], () => {
 
   let results = {
     umd_kb: getBundleSize('material.umd.js'),
diff --git a/tools/gulp/tasks/release.ts b/tools/gulp/tasks/publish.ts
similarity index 56%
rename from tools/gulp/tasks/release.ts
rename to tools/gulp/tasks/publish.ts
index 24eef8e6e066..5f8b5055b35d 100644
--- a/tools/gulp/tasks/release.ts
+++ b/tools/gulp/tasks/publish.ts
@@ -1,62 +1,19 @@
 import {spawn} from 'child_process';
-import {existsSync, statSync, writeFileSync} from 'fs-extra';
+import {existsSync, statSync} from 'fs-extra';
 import {join} from 'path';
-import {dest, src, task} from 'gulp';
+import {task} from 'gulp';
 import {execTask, sequenceTask} from '../util/task_helpers';
-import {composeRelease} from '../util/package-build';
-import {Bundler} from 'scss-bundle';
-import {
-  COMPONENTS_DIR,
-  DIST_MATERIAL,
-  DIST_RELEASES,
-} from '../constants';
+import {DIST_RELEASES} from '../constants';
 import * as minimist from 'minimist';
 
-// There are no type definitions available for these imports.
-const gulpRename = require('gulp-rename');
-
 /** Parse command-line arguments for release task. */
 const argv = minimist(process.argv.slice(3));
 
 // Path to the release output of material.
 const releasePath = join(DIST_RELEASES, 'material');
 
-// The entry-point for the scss theming bundle.
-const themingEntryPointPath = join(COMPONENTS_DIR, 'core', 'theming', '_all-theme.scss');
-
-// Output path for the scss theming bundle.
-const themingBundlePath = join(releasePath, '_theming.scss');
-
-// Matches all SCSS files in the library.
-const allScssGlob = join(COMPONENTS_DIR, '**/*.scss');
-
-// Matches all pre-built theme css files
-const prebuiltThemeGlob = join(DIST_MATERIAL, '**/theming/prebuilt/*.css');
-
-task('build:release', sequenceTask(
-  'library:clean-build',
-  ':package:release',
-));
-
-/** Task that composes the different build files into the release structure. */
-task(':package:release', [':package:theming'], () => composeRelease('material'));
-
-/** Copies all prebuilt themes into the release package under `prebuilt-themes/` */
-task(':package:theming', [':bundle:theming-scss'], () => {
-  src(prebuiltThemeGlob)
-    .pipe(gulpRename({dirname: ''}))
-    .pipe(dest(join(releasePath, 'prebuilt-themes')));
-});
-
-/** Bundles all scss requires for theming into a single scss file in the root of the package. */
-task(':bundle:theming-scss', () => {
-  // Instantiates the SCSS bundler and bundles all imports of the specified entry point SCSS file.
-  // A glob of all SCSS files in the library will be passed to the bundler. The bundler takes an
-  // array of globs, which will match SCSS files that will be only included once in the bundle.
-  new Bundler().Bundle(themingEntryPointPath, [allScssGlob]).then(result => {
-    writeFileSync(themingBundlePath, result.bundledContent);
-  });
-});
+/** Task that builds all releases that will be published. */
+task(':publish:build-releases', ['material:build-release:clean']);
 
 /** Make sure we're logged in. */
 task(':publish:whoami', execTask('npm', ['whoami'], {
@@ -132,7 +89,7 @@ task(':publish', function(done: (err?: any) => void) {
 
 task('publish', sequenceTask(
   ':publish:whoami',
-  'build:release',
+  ':publish:build-releases',
   ':publish',
   ':publish:logout',
 ));
diff --git a/tools/gulp/tasks/unit-test.ts b/tools/gulp/tasks/unit-test.ts
index 49498808dba3..690f69227c9e 100644
--- a/tools/gulp/tasks/unit-test.ts
+++ b/tools/gulp/tasks/unit-test.ts
@@ -9,10 +9,10 @@ const runSequence = require('run-sequence');
 /** Builds everything that is necessary for karma. */
 task(':test:build', sequenceTask(
   'clean',
-  // Build the library bundles without any test files. (CDK will be also built)
-  'library:build',
-  // Additionally build the test files for the library and the CDK.
-  ['library:build:esm:tests', 'cdk:build:esm:tests']
+  // Build the material bundles without any test files. (CDK will be also built)
+  'material:build',
+  // Additionally build the test files for material and the CDK.
+  ['material:build:esm:tests', 'cdk:build:esm:tests']
 ));
 
 /**
diff --git a/tools/gulp/util/package-build.ts b/tools/gulp/util/package-build.ts
index a1265c2bc5cd..c4b0b97c1534 100644
--- a/tools/gulp/util/package-build.ts
+++ b/tools/gulp/util/package-build.ts
@@ -91,7 +91,8 @@ export async function buildPackageBundles(entryFile: string, packageName: string
  * This is useful when multiple transformation happen (e.g TSC -> Rollup -> Uglify)
  **/
 async function remapSourcemap(sourceFile: string) {
-  (await sorcery.load(sourceFile)).write();
+  // Once sorcery loaded the chain of sourcemaps, the new sourcemap will be written asynchronously.
+  return (await sorcery.load(sourceFile)).write();
 }
 
 /** Minifies a JavaScript file using UglifyJS2. Also writes sourcemaps to the output. */
diff --git a/tools/gulp/util/package-tasks.ts b/tools/gulp/util/package-tasks.ts
new file mode 100644
index 000000000000..224b7d522915
--- /dev/null
+++ b/tools/gulp/util/package-tasks.ts
@@ -0,0 +1,75 @@
+import {task, watch} from 'gulp';
+import {join} from 'path';
+import {main as tsc} from '@angular/tsc-wrapped';
+import {SOURCE_ROOT, DIST_ROOT} from '../constants';
+import {sequenceTask, sassBuildTask, copyTask, triggerLivereload} from './task_helpers';
+import {buildPackageBundles, composeRelease} from './package-build';
+
+// There are no type definitions available for these imports.
+const inlineResources = require('../../../scripts/release/inline-resources');
+
+/**
+ * Creates a set of gulp tasks that can build the specified package.
+ * @param packageName Name of the package. Needs to be similar to the directory name in `src/`.
+ * @param requiredPackages Required packages that will be built before building the current package.
+ */
+export function createPackageBuildTasks(packageName: string, requiredPackages: string[] = [], ) {
+  // To avoid refactoring of the project the package material will map to the source path `lib/`.
+  const packageRoot = join(SOURCE_ROOT, packageName === 'material' ? 'lib' : packageName);
+  const packageOut = join(DIST_ROOT, 'packages', packageName);
+
+  const tsconfigBuild = join(packageRoot, 'tsconfig-build.json');
+  const tsconfigTests = join(packageRoot, 'tsconfig-tests.json');
+
+  // Paths to the different output files and directories.
+  const esmMainFile = join(packageOut, 'index.js');
+
+  // Glob that matches all assets that should be copied to the package.
+  const assetsGlob = join(packageRoot, '**/*.+(html|scss|css)');
+
+  /**
+   * Main tasks for the package building. Tasks execute the different sub-tasks in the correct
+   * order.
+   */
+  task(`${packageName}:clean-build`, sequenceTask('clean', `${packageName}:build`));
+
+  task(`${packageName}:build`, sequenceTask(
+    // Build all required packages before building.
+    ...requiredPackages.map(pkgName => `${pkgName}:build`),
+    // Build ESM and assets output.
+    [`${packageName}:build:esm`, `${packageName}:assets`],
+    // Inline assets into ESM output.
+    `${packageName}:assets:inline`,
+    // Build bundles on top of inlined ESM output.
+    `${packageName}:build:bundles`,
+  ));
+
+  /**
+   * Release tasks for the package. Tasks compose the release output for the package.
+   */
+  task(`${packageName}:build-release:clean`, sequenceTask('clean', `${packageName}:build-release`));
+  task(`${packageName}:build-release`, [`${packageName}:build`], () => composeRelease(packageName));
+  /**
+   * TypeScript compilation tasks. Tasks are creating ESM, FESM, UMD bundles for releases.
+   */
+  task(`${packageName}:build:esm`, () => tsc(tsconfigBuild, {basePath: packageRoot}));
+  task(`${packageName}:build:esm:tests`, () => tsc(tsconfigTests, {basePath: packageRoot}));
+
+  task(`${packageName}:build:bundles`, () => buildPackageBundles(esmMainFile, packageName));
+
+  /**
+   * Asset tasks. Building SASS files and inlining CSS, HTML files into the ESM output.
+   */
+  task(`${packageName}:assets`, [`${packageName}:assets:scss`, `${packageName}:assets:html`]);
+
+  task(`${packageName}:assets:scss`, sassBuildTask(packageOut, packageRoot, true));
+  task(`${packageName}:assets:html`, copyTask(assetsGlob, packageOut));
+  task(`${packageName}:assets:inline`, () => inlineResources(packageOut));
+
+  /**
+   * Watch tasks, that will rebuild the package whenever TS, SCSS, or HTML files change.
+   */
+  task(`${packageName}:watch`, () => {
+    watch(join(packageRoot, '**/*.+(ts|scss|html)'), [`${packageName}:build`, triggerLivereload]);
+  });
+}
diff --git a/tools/gulp/util/task_helpers.ts b/tools/gulp/util/task_helpers.ts
index bb3cfa5637fa..500331ccdc04 100644
--- a/tools/gulp/util/task_helpers.ts
+++ b/tools/gulp/util/task_helpers.ts
@@ -140,8 +140,7 @@ export function buildAppTask(appName: string) {
 
   return (done: () => void) => {
     gulpRunSequence(
-      'clean',
-      'library:build',
+      'material:clean-build',
       [...buildTasks],
       done
     );