We describe the results of a new, wide-field survey for z=3.1 Ly-alpha emission-line galaxies (LAEs) in the Extended Chandra Deep Field South (ECDF-S). By using a nearly top-hat 5010 Angstrom filter and complementary broadband photometry from the MUSYC survey, we identify a complete sample of 141 objects with monochromatic fluxes brighter than 2.4E-17 ergs/cm^2/s and observers-frame equivalent widths greater than ~ 80 Angstroms (i.e., 20 Angstroms in the rest-frame of Ly-alpha). The bright-end of this dataset is dominated by x-ray sources and foreground objects with GALEX detections, but when these interlopers are removed, we are still left with a sample of 130 LAE candidates, 39 of which have spectroscopic confirmations. This sample overlaps the set of objects found in an earlier ECDF-S survey, but due to our filters redder bandpass, it also includes 68 previously uncataloged sources. We confirm earlier measurements of the z=3.1 LAE emission-line luminosity function, and show that an apparent anti-correlation between equivalent width and continuum brightness is likely due to the effect of correlated errors in our heteroskedastic dataset. Finally, we compare the properties of z=3.1 LAEs to LAEs found at z=2.1. We show that in the ~1 Gyr after z~3, the LAE luminosity function evolved significantly, with L* fading by ~0.4 mag, the number density of sources with L > 1.5E42 ergs/s declining by ~50%, and the equivalent width scale-length contracting from 70^{+7}_{-5} Angstroms to 50^{+9}_{-6} Angstroms. When combined with literature results, our observations demonstrate that over the redshift range z~0 to z~4, LAEs contain less than ~10% of the star-formation rate density of the universe.
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