diff --git a/aws_lambda_builders/__init__.py b/aws_lambda_builders/__init__.py
index d7910614c..d28d17012 100644
--- a/aws_lambda_builders/__init__.py
+++ b/aws_lambda_builders/__init__.py
@@ -5,5 +5,5 @@
 # Changing version will trigger a new release!
 # Please make the version change as the last step of your development.
 
-__version__ = "1.49.0"
+__version__ = "1.50.0"
 RPC_PROTOCOL_VERSION = "0.3"
diff --git a/aws_lambda_builders/workflows/python_pip/packager.py b/aws_lambda_builders/workflows/python_pip/packager.py
index 65a802028..3fc48427a 100644
--- a/aws_lambda_builders/workflows/python_pip/packager.py
+++ b/aws_lambda_builders/workflows/python_pip/packager.py
@@ -203,6 +203,9 @@ class DependencyBuilder(object):
         "cp37m": (2, 17),
         "cp38": (2, 26),
         "cp39": (2, 26),
+        "cp310": (2, 26),
+        "cp311": (2, 26),
+        "cp312": (2, 26),
     }
     # Fallback version if we're on an unknown python version
     # not in _RUNTIME_GLIBC.
diff --git a/aws_lambda_builders/workflows/rust_cargo/cargo_lambda.py b/aws_lambda_builders/workflows/rust_cargo/cargo_lambda.py
index 33c61ee36..223fcc633 100644
--- a/aws_lambda_builders/workflows/rust_cargo/cargo_lambda.py
+++ b/aws_lambda_builders/workflows/rust_cargo/cargo_lambda.py
@@ -100,6 +100,12 @@ def run(self, command, cwd):
             if "RUST_LOG" not in os.environ:
                 os.environ["RUST_LOG"] = "debug"
             LOG.debug("RUST_LOG environment variable set to `%s`", os.environ.get("RUST_LOG"))
+
+        if not os.getenv("CARGO_TARGET_DIR"):
+            # This results in the "target" dir being created under the member dir of a cargo workspace
+            # This is for supporting sam build for a Cargo Workspace project
+            os.environ["CARGO_TARGET_DIR"] = "target"
+
         cargo_process = self._osutils.popen(
             command,
             stderr=subprocess.PIPE,
diff --git a/requirements/dev.txt b/requirements/dev.txt
index aaa78e54d..794851f13 100644
--- a/requirements/dev.txt
+++ b/requirements/dev.txt
@@ -1,4 +1,4 @@
-coverage==7.4.4
+coverage==7.5.1
 flake8==3.8.4
 pytest-cov==5.0.0
 
@@ -8,5 +8,5 @@ parameterized==0.9.0
 pyelftools~=0.31 # Used to verify the generated Go binary architecture in integration tests (utils.py)
 
 # formatter
-black==24.4.0
-ruff==0.4.1
+black==24.4.2
+ruff==0.4.3
diff --git a/tests/integration/workflows/rust_cargo/test_rust_cargo.py b/tests/integration/workflows/rust_cargo/test_rust_cargo.py
index 2fb846718..fd3930a1e 100644
--- a/tests/integration/workflows/rust_cargo/test_rust_cargo.py
+++ b/tests/integration/workflows/rust_cargo/test_rust_cargo.py
@@ -9,8 +9,8 @@
 from aws_lambda_builders.workflows.rust_cargo.feature_flag import EXPERIMENTAL_FLAG_CARGO_LAMBDA
 
 
-def rm_target_lambda(base):
-    shutil.rmtree(os.path.join(base, "target", "lambda"), ignore_errors=True)
+def rm_target(base):
+    shutil.rmtree(os.path.join(base, "target"), ignore_errors=True)
 
 
 class TestRustCargo(TestCase):
@@ -52,7 +52,7 @@ def test_failed_build_project(self):
 
     def test_builds_hello_project(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "hello")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
             source_dir,
@@ -70,7 +70,7 @@ def test_builds_hello_project(self):
 
     def test_builds_hello_project_with_artifact_name(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "hello")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
             source_dir,
@@ -89,7 +89,7 @@ def test_builds_hello_project_with_artifact_name(self):
 
     def test_builds_hello_project_for_arm64(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "hello")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
             source_dir,
@@ -109,10 +109,10 @@ def test_builds_hello_project_for_arm64(self):
 
     def test_builds_workspaces_project_with_bin_name(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "workspaces")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
-            source_dir,
+            f"{source_dir}",
             self.artifacts_dir,
             self.scratch_dir,
             os.path.join(source_dir, "Cargo.toml"),
@@ -125,10 +125,30 @@ def test_builds_workspaces_project_with_bin_name(self):
         output_files = set(os.listdir(self.artifacts_dir))
 
         self.assertEqual(expected_files, output_files)
+        self.assertIn("foo", os.listdir(os.path.join(source_dir, "target", "lambda")))
+
+    def test_builds_workspace_member(self):
+        source_dir = os.path.join(self.TEST_DATA_FOLDER, "workspaces")
+        rm_target(source_dir)
+
+        self.builder.build(
+            f"{source_dir}/bar",
+            self.artifacts_dir,
+            self.scratch_dir,
+            os.path.join(source_dir, "Cargo.toml"),
+            runtime=self.runtime,
+            experimental_flags=[EXPERIMENTAL_FLAG_CARGO_LAMBDA],
+        )
+
+        expected_files = {"bootstrap"}
+        output_files = set(os.listdir(self.artifacts_dir))
+
+        self.assertEqual(expected_files, output_files)
+        self.assertIn("bar", os.path.join(source_dir, "bar", "target", "lambda"))
 
     def test_builds_workspaces_project_with_package_option(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "workspaces")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
             source_dir,
@@ -147,7 +167,7 @@ def test_builds_workspaces_project_with_package_option(self):
 
     def test_builds_multi_function_project_with_function_a(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "multi-binary")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
             source_dir,
@@ -166,7 +186,7 @@ def test_builds_multi_function_project_with_function_a(self):
 
     def test_builds_multi_function_project_with_function_b(self):
         source_dir = os.path.join(self.TEST_DATA_FOLDER, "multi-binary")
-        rm_target_lambda(source_dir)
+        rm_target(source_dir)
 
         self.builder.build(
             source_dir,