diff --git a/apps/remix-ide/.babelrc b/apps/remix-ide/.babelrc
index 9123728aa1..34aaeb3268 100644
--- a/apps/remix-ide/.babelrc
+++ b/apps/remix-ide/.babelrc
@@ -1,5 +1,5 @@
 {
-  "presets": ["@babel/preset-env", ["@babel/preset-react", 
+  "presets": ["@babel/preset-env", ["@nrwl/react/babel", 
     {"runtime": "automatic"}
   ]],
   "plugins": ["@babel/plugin-proposal-class-properties", "@babel/plugin-transform-runtime", "@babel/plugin-proposal-nullish-coalescing-operator"],
diff --git a/apps/remix-ide/project.json b/apps/remix-ide/project.json
index 7775e520c2..e118e366a7 100644
--- a/apps/remix-ide/project.json
+++ b/apps/remix-ide/project.json
@@ -48,15 +48,18 @@
       "defaultConfiguration": "development",
       "options": {
         "buildTarget": "remix-ide:build",
-        "watch": true,
-        "liveReload": true,
-        "hmr": false
+
       },
       "configurations": {
         "development": {
           "buildTarget": "remix-ide:build:development",
           "port": 8080
         },
+        "hot":{
+          "buildTarget": "remix-ide:build:development",
+          "port": 8080,
+          "hmr": true
+        },
         "production": {
           "buildTarget": "remix-ide:build:production",
           "port": 8080
diff --git a/apps/remix-ide/tsconfig.app.json b/apps/remix-ide/tsconfig.app.json
index 499c767595..b45165141e 100644
--- a/apps/remix-ide/tsconfig.app.json
+++ b/apps/remix-ide/tsconfig.app.json
@@ -3,7 +3,6 @@
   "compilerOptions": {
     "outDir": "../../dist/out-tsc",
     "types": ["node"],
-    "module": "es2020"
   },
   "exclude": ["**/*.spec.ts", "**/*.spec.tsx", "./src/assets/**/*"],
   "include": ["**/*.js", "**/*.jsx", "**/*.ts", "**/*.tsx"]
diff --git a/babel.config.js b/babel.config.js
index ad32f7a9d0..16d8ca5cea 100644
--- a/babel.config.js
+++ b/babel.config.js
@@ -1,5 +1,5 @@
 module.exports = {
-    "presets": ["@babel/preset-typescript", "@babel/preset-env", "@babel/preset-react"],
+    "presets": ["@babel/preset-typescript", "@babel/preset-env", "@nrwl/react/babel"],
     "plugins": [
         "babel-plugin-replace-ts-export-assignment", 
         "@babel/plugin-transform-modules-commonjs", 
diff --git a/libs/remix-core-plugin/package.json b/libs/remix-core-plugin/package.json
index 727b1981a8..3ea38618cc 100644
--- a/libs/remix-core-plugin/package.json
+++ b/libs/remix-core-plugin/package.json
@@ -3,7 +3,6 @@
     "version": "0.0.1",
     "description": "This library was generated with [Nx](https://nx.dev).",
     "main": "src/index.js",
-    "type": "module",
     "author": "Remix Team",
     "license": "ISC"
   }
diff --git a/libs/remix-core-plugin/tsconfig.lib.json b/libs/remix-core-plugin/tsconfig.lib.json
index d1f4736244..87520f83f8 100644
--- a/libs/remix-core-plugin/tsconfig.lib.json
+++ b/libs/remix-core-plugin/tsconfig.lib.json
@@ -1,11 +1,6 @@
 {
   "extends": "./tsconfig.json",
   "compilerOptions": {
-    "module": "commonjs",
-    "outDir": "../../dist/out-tsc",
-    "allowSyntheticDefaultImports": true,
-    "esModuleInterop": true,
-    "declaration": true,
     "types": ["node"]
   },
   "exclude": [
diff --git a/libs/remix-ws-templates/package.json b/libs/remix-ws-templates/package.json
index 84a5448aad..debc24e3b8 100644
--- a/libs/remix-ws-templates/package.json
+++ b/libs/remix-ws-templates/package.json
@@ -4,7 +4,6 @@
   "description": "Create a Remix IDE workspace using different templates",
   "main": "src/index.js",
   "types": "src/index.d.ts",
-  "type": "module",
   "publishConfig": {
     "access": "public"
   },
diff --git a/package.json b/package.json
index a31305f0b7..b2c70214bc 100644
--- a/package.json
+++ b/package.json
@@ -28,6 +28,7 @@
     "nx": "nx",
     "start": "nx start",
     "serve": "nx serve remix-ide --configuration=development",
+    "serve:hot": "nx serve remix-ide --configuration=hot",
     "build": "nx build",
     "test": "nx test",
     "lint": "nx lint",
@@ -234,6 +235,7 @@
     "@nrwl/web": "15.7.1",
     "@nrwl/webpack": "15.7.1",
     "@nrwl/workspace": "^15.7.1",
+    "@pmmmwh/react-refresh-webpack-plugin": "^0.5.10",
     "@openzeppelin/contracts-upgradeable": "^4.8.1",
     "@svgr/webpack": "^6.5.1",
     "@testing-library/react": "13.4.0",
@@ -334,6 +336,7 @@
     "onchange": "^3.2.1",
     "os-browserify": "^0.3.0",
     "process": "^0.11.10",
+    "react-refresh": "^0.14.0",
     "react-test-renderer": "^17.0.2",
     "request": "^2.83.0",
     "rimraf": "^2.6.1",
diff --git a/yarn.lock b/yarn.lock
index 84863bfc6d..bd1b5fc708 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -5349,6 +5349,21 @@
   dependencies:
     esquery "^1.0.1"
 
+"@pmmmwh/react-refresh-webpack-plugin@^0.5.10":
+  version "0.5.10"
+  resolved "https://registry.yarnpkg.com/@pmmmwh/react-refresh-webpack-plugin/-/react-refresh-webpack-plugin-0.5.10.tgz#2eba163b8e7dbabb4ce3609ab5e32ab63dda3ef8"
+  integrity sha512-j0Ya0hCFZPd4x40qLzbhGsh9TMtdb+CJQiso+WxLOPNasohq9cc5SNUcwsZaRH6++Xh91Xkm/xHCkuIiIu0LUA==
+  dependencies:
+    ansi-html-community "^0.0.8"
+    common-path-prefix "^3.0.0"
+    core-js-pure "^3.23.3"
+    error-stack-parser "^2.0.6"
+    find-up "^5.0.0"
+    html-entities "^2.1.0"
+    loader-utils "^2.0.4"
+    schema-utils "^3.0.0"
+    source-map "^0.7.3"
+
 "@polka/url@^1.0.0-next.20":
   version "1.0.0-next.21"
   resolved "https://registry.yarnpkg.com/@polka/url/-/url-1.0.0-next.21.tgz#5de5a2385a35309427f6011992b544514d559aa1"
@@ -10205,6 +10220,11 @@ commander@^9.2.0, commander@^9.4.1:
   resolved "https://registry.yarnpkg.com/commander/-/commander-9.4.1.tgz#d1dd8f2ce6faf93147295c0df13c7c21141cfbdd"
   integrity sha512-5EEkTNyHNGFPD2H+c/dXXfQZYa/scCKasxWcXJaWnNJ99pnQN9Vnmqow+p+PlFPE63Q6mThaZws1T+HxfpgtPw==
 
+common-path-prefix@^3.0.0:
+  version "3.0.0"
+  resolved "https://registry.yarnpkg.com/common-path-prefix/-/common-path-prefix-3.0.0.tgz#7d007a7e07c58c4b4d5f433131a19141b29f11e0"
+  integrity sha512-QE33hToZseCH3jS0qN96O/bSh3kaw/h+Tq7ngyY9eWDUnTlTNUyqfqvCXioLe5Na5jFsL78ra/wuBU4iuEgd4w==
+
 commondir@^1.0.1:
   version "1.0.1"
   resolved "https://registry.yarnpkg.com/commondir/-/commondir-1.0.1.tgz#ddd800da0c66127393cca5950ea968a3aaf1253b"
@@ -10607,6 +10627,11 @@ core-js-pure@^3.19.0:
   resolved "https://registry.yarnpkg.com/core-js-pure/-/core-js-pure-3.20.0.tgz#7253feccf8bb05b72c153ddccdbe391ddbffbe03"
   integrity sha512-qsrbIwWSEEYOM7z616jAVgwhuDDtPLwZSpUsU3vyUkHYqKTf/uwOJBZg2V7lMurYWkpVlaVOxBrfX0Q3ppvjfg==
 
+core-js-pure@^3.23.3:
+  version "3.28.0"
+  resolved "https://registry.yarnpkg.com/core-js-pure/-/core-js-pure-3.28.0.tgz#4ef2888475b6c856ef6f5aeef8b4f618b76ad048"
+  integrity sha512-DSOVleA9/v3LNj/vFxAPfUHttKTzrB2RXhAPvR5TPXn4vrra3Z2ssytvRyt8eruJwAfwAiFADEbrjcRdcvPLQQ==
+
 core-js@^2.4.0, core-js@^2.6.5:
   version "2.6.12"
   resolved "https://registry.yarnpkg.com/core-js/-/core-js-2.6.12.tgz#d9333dfa7b065e347cc5682219d6f690859cc2ec"
@@ -12113,6 +12138,13 @@ error-ex@^1.2.0, error-ex@^1.3.1:
   dependencies:
     is-arrayish "^0.2.1"
 
+error-stack-parser@^2.0.6:
+  version "2.1.4"
+  resolved "https://registry.yarnpkg.com/error-stack-parser/-/error-stack-parser-2.1.4.tgz#229cb01cdbfa84440bfa91876285b94680188286"
+  integrity sha512-Sk5V6wVazPhq5MhpO+AUxJn5x7XSXGl1R93Vn7i+zS15KDVxQijejNCrz8340/2bgLBjR9GtEG8ZVKONDjcqGQ==
+  dependencies:
+    stackframe "^1.3.4"
+
 es-abstract@^1.18.5, es-abstract@^1.19.0, es-abstract@^1.19.1:
   version "1.19.1"
   resolved "https://registry.yarnpkg.com/es-abstract/-/es-abstract-1.19.1.tgz#d4885796876916959de78edaa0df456627115ec3"
@@ -15083,7 +15115,7 @@ html-encoding-sniffer@^3.0.0:
   dependencies:
     whatwg-encoding "^2.0.0"
 
-html-entities@^2.3.2:
+html-entities@^2.1.0, html-entities@^2.3.2:
   version "2.3.3"
   resolved "https://registry.yarnpkg.com/html-entities/-/html-entities-2.3.3.tgz#117d7626bece327fc8baace8868fa6f5ef856e46"
   integrity sha512-DV5Ln36z34NNTDgnz0EWGBLZENelNAtkiFA4kyNOG2tDI6Mz1uSWiq1wAKdyjnJwyDiDO7Fa2SO1CTxPXL8VxA==
@@ -18278,7 +18310,7 @@ loader-utils@^1.1.0:
     emojis-list "^3.0.0"
     json5 "^1.0.1"
 
-loader-utils@^2.0.0, loader-utils@^2.0.3:
+loader-utils@^2.0.0, loader-utils@^2.0.3, loader-utils@^2.0.4:
   version "2.0.4"
   resolved "https://registry.yarnpkg.com/loader-utils/-/loader-utils-2.0.4.tgz#8b5cb38b5c34a9a018ee1fc0e6a066d1dfcc528c"
   integrity sha512-xXqpXoINfFhgua9xiqD8fPFHgkoq1mmmpE92WlDbm9rNRd/EbRb+Gqf908T2DMfuHjjJlksiK2RbHVOdD/MqSw==
@@ -22953,6 +22985,11 @@ react-redux@^7.2.0:
     prop-types "^15.7.2"
     react-is "^17.0.2"
 
+react-refresh@^0.14.0:
+  version "0.14.0"
+  resolved "https://registry.yarnpkg.com/react-refresh/-/react-refresh-0.14.0.tgz#4e02825378a5f227079554d4284889354e5f553e"
+  integrity sha512-wViHqhAd8OHeLS/IRMJjTSDHF3U9eWi62F/MledQGPdJGDhodXJ9PBLNGr6WWL7qlH12Mt3TyTpbS+hGXMjCzQ==
+
 react-router-dom@^6.3.0:
   version "6.3.0"
   resolved "https://registry.yarnpkg.com/react-router-dom/-/react-router-dom-6.3.0.tgz#a0216da813454e521905b5fa55e0e5176123f43d"
@@ -24985,6 +25022,11 @@ stackblur-canvas@^2.0.0:
   resolved "https://registry.yarnpkg.com/stackblur-canvas/-/stackblur-canvas-2.5.0.tgz#aa87bbed1560fdcd3138fff344fc6a1c413ebac4"
   integrity sha512-EeNzTVfj+1In7aSLPKDD03F/ly4RxEuF/EX0YcOG0cKoPXs+SLZxDawQbexQDBzwROs4VKLWTOaZQlZkGBFEIQ==
 
+stackframe@^1.3.4:
+  version "1.3.4"
+  resolved "https://registry.yarnpkg.com/stackframe/-/stackframe-1.3.4.tgz#b881a004c8c149a5e8efef37d51b16e412943310"
+  integrity sha512-oeVtt7eWQS+Na6F//S4kJ2K2VbRlS9D43mAlMyVpVWovy9o+jfgH8O9agzANzaiLjclA0oYzUXEM4PurhSUChw==
+
 stacktrace-parser@^0.1.10:
   version "0.1.10"
   resolved "https://registry.yarnpkg.com/stacktrace-parser/-/stacktrace-parser-0.1.10.tgz#29fb0cae4e0d0b85155879402857a1639eb6051a"