diff --git a/features/include_tag.feature b/features/include_tag.feature
index c7e03ded..427c1bb4 100644
--- a/features/include_tag.feature
+++ b/features/include_tag.feature
@@ -77,3 +77,15 @@ Feature: Include tags
     When I run jekyll build
     Then the _site directory should exist
     And I should see "one included" in "_site/index.html"
+
+  Scenario: Include a file and rebuild when include content is changed
+    Given I have an _includes directory
+    And I have an "_includes/one.html" file that contains "include"
+    And I have an "index.html" page that contains "{% include one.html %}"
+    When I run jekyll build
+    Then the _site directory should exist
+    And I should see "include" in "_site/index.html"
+    When I wait 1 second
+    Then I have an "_includes/one.html" file that contains "include content changed"
+    When I run jekyll build
+    Then I should see "include content changed" in "_site/index.html"
diff --git a/lib/jekyll/tags/include.rb b/lib/jekyll/tags/include.rb
index 92ce7c62..0e944407 100644
--- a/lib/jekyll/tags/include.rb
+++ b/lib/jekyll/tags/include.rb
@@ -123,7 +123,7 @@ eos
         end
 
         begin
-          partial = site.liquid_renderer.file(path).parse(read_file(path, context))
+          partial = load_cached_partial(path, context)
 
           context.stack do
             context['include'] = parse_params(context) if @params
@@ -134,6 +134,17 @@ eos
         end
       end
 
+      def load_cached_partial(path, context)
+        context.registers[:cached_partials] ||= {}
+        cached_partial = context.registers[:cached_partials]
+
+        if cached_partial.has_key?(path)
+          cached_partial[path]
+        else
+          cached_partial[path] = context.registers[:site].liquid_renderer.file(path).parse(read_file(path, context))
+        end
+      end
+
       def resolved_includes_dir(context)
         context.registers[:site].in_source_dir(@includes_dir)
       end