diff --git a/BUILD.gn b/BUILD.gn
index bb81db4ba9..c3dbbaf740 100644
--- a/BUILD.gn
+++ b/BUILD.gn
@@ -199,6 +199,7 @@ run_node("bundle") {
     "js/deno.d.ts",
     "js/dispatch.ts",
     "js/globals.ts",
+    "js/lib.deno.d.ts",
     "js/main.ts",
     "js/os.ts",
     "js/runtime.ts",
diff --git a/README.md b/README.md
index bd09c63b0d..b9bc4000d7 100644
--- a/README.md
+++ b/README.md
@@ -4,7 +4,7 @@
 
 ## A secure TypeScript runtime built on V8
 
-* Supports TypeScript 2.8 out of the box. Uses V8 6.9.297. That is, it's
+* Supports TypeScript 3.0.1 out of the box. Uses V8 6.9.297. That is, it's
   very modern JavaScript.
 
 * No `package.json`. No npm. Not explicitly compatible with Node.
diff --git a/js/assets.ts b/js/assets.ts
index 2eabbc5f9d..598b4cc6ba 100644
--- a/js/assets.ts
+++ b/js/assets.ts
@@ -6,8 +6,11 @@
 // There is a rollup plugin that will inline any module ending with `!string`
 // tslint:disable:max-line-length
 import denoDts from "/js/deno.d.ts!string";
-import libDts from "/third_party/node_modules/typescript/lib/lib.d.ts!string";
-import libDomIterableDts from "/third_party/node_modules/typescript/lib/lib.dom.iterable.d.ts!string";
+// import libDts from "/third_party/node_modules/typescript/lib/lib.d.ts!string";
+import libDenoDts from "/js/lib.deno.d.ts!string";
+// import libDomD qts from "/third_party/node_modules/typescript/lib/lib.dom.d.ts!string";
+// import libDomIterableDts from "/third_party/node_modules/typescript/lib/lib.dom.iterable.d.ts!string";
+import libEs2015Dts from "/third_party/node_modules/typescript/lib/lib.es2015.d.ts!string";
 import libEs2015CollectionDts from "/third_party/node_modules/typescript/lib/lib.es2015.collection.d.ts!string";
 import libEs2015CoreDts from "/third_party/node_modules/typescript/lib/lib.es2015.core.d.ts!string";
 import libEs2015GeneratorDts from "/third_party/node_modules/typescript/lib/lib.es2015.generator.d.ts!string";
@@ -17,29 +20,38 @@ import libEs2015ProxyDts from "/third_party/node_modules/typescript/lib/lib.es20
 import libEs2015ReflectDts from "/third_party/node_modules/typescript/lib/lib.es2015.reflect.d.ts!string";
 import libEs2015SymbolDts from "/third_party/node_modules/typescript/lib/lib.es2015.symbol.d.ts!string";
 import libEs2015SymbolWellknownDts from "/third_party/node_modules/typescript/lib/lib.es2015.symbol.wellknown.d.ts!string";
+import libEs2016Dts from "/third_party/node_modules/typescript/lib/lib.es2016.d.ts!string";
 import libEs2016ArrayIncludeDts from "/third_party/node_modules/typescript/lib/lib.es2016.array.include.d.ts!string";
+import libEs2017Dts from "/third_party/node_modules/typescript/lib/lib.es2017.d.ts!string";
 import libEs2017IntlDts from "/third_party/node_modules/typescript/lib/lib.es2017.intl.d.ts!string";
 import libEs2017ObjectDts from "/third_party/node_modules/typescript/lib/lib.es2017.object.d.ts!string";
 import libEs2017SharedmemoryDts from "/third_party/node_modules/typescript/lib/lib.es2017.sharedmemory.d.ts!string";
 import libEs2017StringDts from "/third_party/node_modules/typescript/lib/lib.es2017.string.d.ts!string";
 import libEs2017TypedarraysDts from "/third_party/node_modules/typescript/lib/lib.es2017.typedarrays.d.ts!string";
 import libEs2018Dts from "/third_party/node_modules/typescript/lib/lib.es2018.d.ts!string";
+import libEs2018IntlDts from "/third_party/node_modules/typescript/lib/lib.es2018.intl.d.ts!string";
 import libEs2018PromiseDts from "/third_party/node_modules/typescript/lib/lib.es2018.promise.d.ts!string";
 import libEs2018RegexpDts from "/third_party/node_modules/typescript/lib/lib.es2018.regexp.d.ts!string";
+import libEs5Dts from "/third_party/node_modules/typescript/lib/lib.es5.d.ts!string";
 import libEsnextArrayDts from "/third_party/node_modules/typescript/lib/lib.esnext.array.d.ts!string";
 import libEsnextAsynciterablesDts from "/third_party/node_modules/typescript/lib/lib.esnext.asynciterable.d.ts!string";
 import libEsnextDts from "/third_party/node_modules/typescript/lib/lib.esnext.d.ts!string";
+import libEsnextIntlDts from "/third_party/node_modules/typescript/lib/lib.esnext.intl.d.ts!string";
+import libEsnextSymbolDts from "/third_party/node_modules/typescript/lib/lib.esnext.symbol.d.ts!string";
+// import libScripthost from "/third_party/node_modules/typescript/lib/lib.scripthost.d.ts!string";
+// import libWebworkerImportscripts from "/third_party/node_modules/typescript/lib/lib.webworker.importscripts.d.ts!string";
 import typescriptDts from "/third_party/node_modules/typescript/lib/typescript.d.ts!string";
 
 // prettier-ignore
 export const assetSourceCode: { [key: string]: string } = {
   "deno.d.ts": denoDts,
-  "lib.d.ts": libDts,
-  //"lib.dom.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.dom.d.ts", "utf8"),
-  "lib.dom.iterable.d.ts": libDomIterableDts,
+  // "lib.d.ts": libDts,
+  "lib.deno.d.ts": libDenoDts,
+  // "lib.dom.d.ts": libDomDts,
+  // "lib.dom.iterable.d.ts": libDomIterableDts,
   "lib.es2015.collection.d.ts": libEs2015CollectionDts,
   "lib.es2015.core.d.ts": libEs2015CoreDts,
-  //"lib.es2015.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es2015.d.ts", "utf8"),
+  "lib.es2015.d.ts": libEs2015Dts,
   "lib.es2015.generator.d.ts": libEs2015GeneratorDts,
   "lib.es2015.iterable.d.ts": libEs2015IterableDts,
   "lib.es2015.promise.d.ts": libEs2015PromiseDts,
@@ -48,9 +60,9 @@ export const assetSourceCode: { [key: string]: string } = {
   "lib.es2015.symbol.d.ts": libEs2015SymbolDts,
   "lib.es2015.symbol.wellknown.d.ts": libEs2015SymbolWellknownDts,
   "lib.es2016.array.include.d.ts": libEs2016ArrayIncludeDts,
-  //"lib.es2016.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es2016.d.ts", "utf8"),
+  "lib.es2016.d.ts": libEs2016Dts,
   //"lib.es2016.full.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es2016.full.d.ts", "utf8"),
-  //"lib.es2017.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es2017.d.ts", "utf8"),
+  "lib.es2017.d.ts": libEs2017Dts,
   //"lib.es2017.full.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es2017.full.d.ts", "utf8"),
   "lib.es2017.intl.d.ts": libEs2017IntlDts,
   "lib.es2017.object.d.ts": libEs2017ObjectDts,
@@ -59,16 +71,20 @@ export const assetSourceCode: { [key: string]: string } = {
   "lib.es2017.typedarrays.d.ts": libEs2017TypedarraysDts,
   "lib.es2018.d.ts": libEs2018Dts,
   //"lib.es2018.full.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es2018.full.d.ts", "utf8"),
+  "lib.es2018.intl.d.ts": libEs2018IntlDts,
   "lib.es2018.promise.d.ts": libEs2018PromiseDts,
   "lib.es2018.regexp.d.ts": libEs2018RegexpDts,
-  //"lib.es5.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es5.d.ts", "utf8"),
+  "lib.es5.d.ts": libEs5Dts,
   //"lib.es6.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.es6.d.ts", "utf8"),
+  "lib.esnext.d.ts": libEsnextDts,
   "lib.esnext.array.d.ts": libEsnextArrayDts,
   "lib.esnext.asynciterable.d.ts": libEsnextAsynciterablesDts,
-  "lib.esnext.d.ts": libEsnextDts,
+  "lib.esnext.intl.d.ts": libEsnextIntlDts,
+  "lib.esnext.symbol.d.ts": libEsnextSymbolDts,
   //"lib.esnext.full.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.esnext.full.d.ts", "utf8"),
-  //"lib.scripthost.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.scripthost.d.ts", "utf8"),
-  //"lib.webworker.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/lib.webworker.d.ts", "utf8"),
+  // "lib.scripthost.d.ts": libScripthost,
+  // "lib.webworker.d.ts": libWebworker,
+  // "lib.webworker.importscripts.d.ts": libWebworkerImportscripts,
   //"protocol.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/protocol.d.ts", "utf8"),
   //"tsserverlibrary.d.ts": readFileSync(__dirname + "/../third_party/node_modules/typescript/lib/tsserverlibrary.d.ts", "utf8"),
   "typescript.d.ts": typescriptDts,
diff --git a/js/lib.deno.d.ts b/js/lib.deno.d.ts
new file mode 100644
index 0000000000..fd337abb0b
--- /dev/null
+++ b/js/lib.deno.d.ts
@@ -0,0 +1,34 @@
+// Copyright 2018 the Deno authors. All rights reserved. MIT license.
+
+// This file contains the default TypeScript libraries for the runtime
+
+/// <reference no-default-lib="true"/>
+
+/// <reference lib="esnext" />
+
+// TODO generate `console.d.ts` and inline it in `assets.ts` and remove
+// declaration of `Console`
+// import { Console } from 'gen/console';
+
+declare class Console {
+  // tslint:disable-next-line:no-any
+  log(...args: any[]): void;
+  // tslint:disable-next-line:no-any
+  debug(...args: any[]): void;
+  // tslint:disable-next-line:no-any
+  info(...args: any[]): void;
+  // tslint:disable-next-line:no-any
+  warn(...args: any[]): void;
+  // tslint:disable-next-line:no-any
+  error(...args: any[]): void;
+  // tslint:disable-next-line:no-any
+  assert(condition: boolean, ...args: any[]): void;
+}
+
+interface Window {
+  console: Console;
+}
+
+// Globals in the runtime environment
+declare let console: Console;
+declare const window: Window;
diff --git a/js/runtime.ts b/js/runtime.ts
index 6f20072684..79f4637593 100644
--- a/js/runtime.ts
+++ b/js/runtime.ts
@@ -214,9 +214,8 @@ class Compiler {
     module: ts.ModuleKind.AMD,
     outDir: "$deno$",
     inlineSourceMap: true,
-    lib: ["es2017"],
     inlineSources: true,
-    target: ts.ScriptTarget.ES2017
+    target: ts.ScriptTarget.ESNext
   };
   /*
   allowJs: true,
@@ -317,7 +316,7 @@ class TypeScriptHost implements ts.LanguageServiceHost {
   }
 
   getDefaultLibFileName(options: ts.CompilerOptions): string {
-    const fn = "lib.d.ts"; // ts.getDefaultLibFileName(options);
+    const fn = "lib.deno.d.ts"; // ts.getDefaultLibFileName(options);
     util.log("getDefaultLibFileName", fn);
     const m = resolveModule(fn, "/$asset$/");
     return m.fileName;
diff --git a/package.json b/package.json
index d4d314515e..bdf09059ce 100644
--- a/package.json
+++ b/package.json
@@ -4,7 +4,7 @@
     "@types/flatbuffers": "^1.9.0",
     "@types/source-map-support": "^0.4.1",
     "flatbuffers": "^1.9.0",
-    "prettier": "^1.13.7",
+    "prettier": "^1.14.0",
     "rollup": "^0.63.2",
     "rollup-pluginutils": "^2.3.0",
     "rollup-plugin-alias": "^1.4.0",
@@ -18,6 +18,6 @@
     "tslint": "^5.10.0",
     "tslint-eslint-rules": "^5.3.1",
     "tslint-no-circular-imports": "^0.5.0",
-    "typescript": "2.8.3"
+    "typescript": "3.0.1"
   }
 }
diff --git a/rollup.config.js b/rollup.config.js
index 5bf5018e10..66be825c65 100644
--- a/rollup.config.js
+++ b/rollup.config.js
@@ -4,8 +4,9 @@ import { plugin as analyze } from "rollup-plugin-analyzer";
 import commonjs from "rollup-plugin-commonjs";
 import globals from "rollup-plugin-node-globals";
 import nodeResolve from "rollup-plugin-node-resolve";
-import typescript from "rollup-plugin-typescript2";
+import typescriptPlugin from "rollup-plugin-typescript2";
 import { createFilter } from "rollup-pluginutils";
+import typescript from "typescript";
 
 const mockPath = path.join(__dirname, "js", "mock_builtin");
 const tsconfig = path.join(__dirname, "tsconfig.json");
@@ -122,13 +123,17 @@ export default function makeConfig(commandOptions) {
         }
       }),
 
-      typescript({
+      typescriptPlugin({
         // The build script is invoked from `out/:target` so passing an absolute file path is needed
         tsconfig,
 
         // This provides any overrides to the `tsconfig.json` that are needed to bundle
         tsconfigOverride,
 
+        // This provides the locally configured version of TypeScript instead of the plugins
+        // default version
+        typescript,
+
         // By default, the include path only includes the cwd and below, need to include the root of the project
         // and build path to be passed to this plugin.  This is different front tsconfig.json include
         include: ["*.ts", `${__dirname}/**/*.ts`, `${process.cwd()}/**/*.ts`],
diff --git a/third_party b/third_party
index 142a1b0911..ba730b48a1 160000
--- a/third_party
+++ b/third_party
@@ -1 +1 @@
-Subproject commit 142a1b091123804afa92d03381094db521bb08bb
+Subproject commit ba730b48a1565ee19ebd336615a50e21dc2eb98d
diff --git a/tsconfig.json b/tsconfig.json
index dacdc2e2a0..516868d3ee 100644
--- a/tsconfig.json
+++ b/tsconfig.json
@@ -7,7 +7,7 @@
     "sourceMap": true,
     "removeComments": true,
     "preserveConstEnums": true,
-    "target": "es2017",
+    "target": "esnext",
     "moduleResolution": "node",
     "noImplicitReturns": true,
     "pretty": true,
diff --git a/yarn.lock b/yarn.lock
index 2c3826ee6f..ba50c48acc 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -448,9 +448,9 @@ preserve@^0.2.0:
   version "0.2.0"
   resolved "https://registry.yarnpkg.com/preserve/-/preserve-0.2.0.tgz#815ed1f6ebc65926f865b310c0713bcb3315ce4b"
 
-prettier@^1.13.7:
-  version "1.13.7"
-  resolved "https://registry.yarnpkg.com/prettier/-/prettier-1.13.7.tgz#850f3b8af784a49a6ea2d2eaa7ed1428a34b7281"
+prettier@^1.14.0:
+  version "1.14.0"
+  resolved "https://registry.yarnpkg.com/prettier/-/prettier-1.14.0.tgz#847c235522035fd988100f1f43cf20a7d24f9372"
 
 process-es6@^0.11.6:
   version "0.11.6"
@@ -650,9 +650,9 @@ tsutils@^2.12.1:
   dependencies:
     tslib "^1.8.1"
 
-typescript@2.8.3:
-  version "2.8.3"
-  resolved "https://registry.yarnpkg.com/typescript/-/typescript-2.8.3.tgz#5d817f9b6f31bb871835f4edf0089f21abe6c170"
+typescript@3.0.1:
+  version "3.0.1"
+  resolved "https://registry.yarnpkg.com/typescript/-/typescript-3.0.1.tgz#43738f29585d3a87575520a4b93ab6026ef11fdb"
 
 universalify@^0.1.0:
   version "0.1.2"