diff --git a/RELEASING.md b/BUILDING.md
similarity index 63%
rename from RELEASING.md
rename to BUILDING.md
index 41a6b8059..874759983 100644
--- a/RELEASING.md
+++ b/BUILDING.md
@@ -1,11 +1,7 @@
-# Releasing Terraform
+# Building Terraform
 
-This document contains details about the Terraform release process.
-
-## Schedule
-
-Terraform currently has no fixed release schedule, the HashiCorp maintainers
-can usually give a feel for roughly when the next release is planned.
+This document contains details about the process for building binaries for
+Terraform. 
 
 ## Versioning
 
@@ -18,13 +14,31 @@ As a pre-1.0 project, we use the MINOR and PATCH versions as follows:
 
 ## Process
 
-For maintainer documentation purposes, here is the current release process:
+If only need to build binaries for the platform you're running (Windows, Linux,
+Mac OS X etc..), you can follow the instructions in the README for [Developing
+Terraform][1].
+
+The guide below outlines the steps HashiCorp takes to build the official release 
+binaries for Terraform. This process will generate a set of binaries for each supported
+platform, using the [gox](https://github.com/mitchellh/gox) tool.
+
+A Vagrant virtual machine is used to provide a consistent envirornment with
+the pre-requisite tools in place. The specifics of this VM are defined in the 
+[Vagrantfile](Vagrantfile).
+
 
 ```sh
+# clone the repository if needed
+git clone https://github.com/hashicorp/terraform.git
+cd terraform
+
 # Spin up a fresh build VM
 vagrant destroy -f
 vagrant up
 vagrant ssh
+
+# The Vagrantfile installs Go and configures the $GOPATH at /opt/gopath
+# The current "terraform" directory is then sync'd into the gopath
 cd /opt/gopath/src/github.com/hashicorp/terraform/
 
 # Fetch dependencies
@@ -33,6 +47,13 @@ make updatedeps
 # Verify unit tests pass
 make test
 
+# Build the release
+# This generates binaries for each platform and places them in the pkg folder
+make release
+```
+
+After running these commands, you should have 
+
 # Prep release commit
 export VERSION="vX.Y.Z"
 # Edit CHANGELOG.md, adding current date to unreleased version header
@@ -86,3 +107,6 @@ git checkout master
 git add -A
 git commit -m "release: clean up after ${VERSION}"
 ```
+
+
+[1]: https://github.com/hashicorp/terraform#developing-terraform