diff --git a/tools/generators/migrate-converged-pkg/index.spec.ts b/tools/generators/migrate-converged-pkg/index.spec.ts
new file mode 100644
index 0000000000000..549d6dcf27bc9
--- /dev/null
+++ b/tools/generators/migrate-converged-pkg/index.spec.ts
@@ -0,0 +1,167 @@
+import { createTreeWithEmptyWorkspace } from '@nrwl/devkit/testing';
+import {
+  Tree,
+  readProjectConfiguration,
+  readJson,
+  stripIndents,
+  addProjectConfiguration,
+  readWorkspaceConfiguration,
+} from '@nrwl/devkit';
+
+import generator from './index';
+import { MigrateConvergedPkgGeneratorSchema } from './schema';
+
+describe('migrate-converged-pkg generator', () => {
+  let tree: Tree;
+  const options: MigrateConvergedPkgGeneratorSchema = { name: '@proj/react-dummy' };
+
+  beforeEach(() => {
+    tree = createTreeWithEmptyWorkspace();
+    tree = setupDummyPackage(tree, options);
+  });
+
+  it('should update local tsconfig.json', async () => {
+    const projectConfig = readProjectConfiguration(tree, options.name);
+    function getTsConfig() {
+      return readJson(tree, `${projectConfig.root}/tsconfig.json`);
+    }
+    let tsConfig = getTsConfig();
+
+    expect(tsConfig).toMatchInlineSnapshot(`
+      Object {
+        "compilerOptions": Object {
+          "baseUrl": ".",
+          "typeRoots": Array [
+            "../../node_modules/@types",
+            "../../typings",
+          ],
+        },
+      }
+    `);
+
+    await generator(tree, options);
+
+    tsConfig = getTsConfig();
+
+    expect(tsConfig).toMatchInlineSnapshot(`
+      Object {
+        "compilerOptions": Object {
+          "declaration": true,
+          "experimentalDecorators": true,
+          "importHelpers": true,
+          "jsx": "react",
+          "lib": Array [
+            "es5",
+            "dom",
+          ],
+          "module": "commonjs",
+          "noUnusedLocals": true,
+          "outDir": "dist",
+          "preserveConstEnums": true,
+          "target": "es5",
+          "types": Array [
+            "jest",
+            "custom-global",
+            "inline-style-expand-shorthand",
+          ],
+        },
+        "extends": "../../tsconfig.base.json",
+        "include": Array [
+          "src",
+        ],
+      }
+    `);
+  });
+
+  it('should update root tsconfig.base.json', async () => {
+    function getBaseTsConfig() {
+      return readJson(tree, `/tsconfig.base.json`);
+    }
+
+    let rootTsConfig = getBaseTsConfig();
+
+    expect(rootTsConfig).toMatchInlineSnapshot(`
+      Object {
+        "compilerOptions": Object {
+          "paths": Object {},
+        },
+      }
+    `);
+
+    await generator(tree, options);
+
+    rootTsConfig = getBaseTsConfig();
+
+    expect(rootTsConfig).toMatchInlineSnapshot(`
+      Object {
+        "compilerOptions": Object {
+          "paths": Object {
+            "@proj/react-dummy": Array [
+              "packages/react-dummy/src/index.ts",
+            ],
+          },
+        },
+      }
+    `);
+  });
+});
+
+// ==== helpers ====
+
+function serializeJson(value: unknown) {
+  return JSON.stringify(value, null, 2);
+}
+
+function setupDummyPackage(tree: Tree, options: MigrateConvergedPkgGeneratorSchema) {
+  const workspaceConfig = readWorkspaceConfiguration(tree);
+  const pkgName = options.name;
+  const paths = {
+    root: `packages/${options.name.replace(`@${workspaceConfig.npmScope}/`, '')}`,
+  };
+
+  const dummyPackageJson = {
+    name: pkgName,
+    scripts: {
+      build: 'just-scripts build',
+      clean: 'just-scripts clean',
+      'code-style': 'just-scripts code-style',
+      just: 'just-scripts',
+      lint: 'just-scripts lint',
+      start: 'just-scripts dev:storybook',
+      'start-test': 'just-scripts jest-watch',
+      test: 'just-scripts test',
+      'update-snapshots': 'just-scripts jest -u',
+    },
+  };
+
+  const dummyTsConfig = {
+    compilerOptions: {
+      baseUrl: '.',
+      typeRoots: ['../../node_modules/@types', '../../typings'],
+    },
+  };
+
+  const dummyJestConfig = stripIndents`
+    const { createConfig } = require('@fluentui/scripts/jest/jest-resources');
+    const path = require('path');
+
+    const config = createConfig({
+      setupFiles: [path.resolve(path.join(__dirname, 'config', 'tests.js'))],
+      snapshotSerializers: ['@fluentui/jest-serializer-make-styles'],
+    });
+
+    module.exports = config;
+`;
+
+  tree.write(`${paths.root}/package.json`, serializeJson(dummyPackageJson));
+  tree.write(`${paths.root}/tsconfig.json`, serializeJson(dummyTsConfig));
+  tree.write(`${paths.root}/jest.config.js`, dummyJestConfig);
+
+  addProjectConfiguration(tree, pkgName, {
+    root: paths.root,
+    projectType: 'library',
+    targets: {},
+  });
+
+  return tree;
+}
diff --git a/tools/generators/migrate-converged-pkg/index.ts b/tools/generators/migrate-converged-pkg/index.ts
new file mode 100644
index 0000000000000..c580f4e9f5221
--- /dev/null
+++ b/tools/generators/migrate-converged-pkg/index.ts
@@ -0,0 +1,94 @@
+import {
+  Tree,
+  formatFiles,
+  updateJson,
+  readProjectConfiguration,
+  readWorkspaceConfiguration,
+  joinPathFragments,
+} from '@nrwl/devkit';
+
+import { MigrateConvergedPkgGeneratorSchema } from './schema';
+
+/**
+ * TASK:
+ * 1. migrate to typescript path aliases - #18343 ✅ (partially done)
+ * 2. migrate to use standard jest powered by TS path aliases
+ * 3. setup docs task to run api-extractor for local changes verification
+ * 4. bootstrap new storybook config
+ * 5. collocate all package stories from `react-examples`
+ */
+
+interface NormalizedSchema extends ReturnType<typeof normalizeOptions> {}
+
+export default async function (tree: Tree, schema: MigrateConvergedPkgGeneratorSchema) {
+  const options = normalizeOptions(tree, schema);
+
+  // 1. update TsConfigs
+  updatedLocalTsConfig(tree, options);
+  updatedBaseTsConfig(tree, options);
+
+  formatFiles(tree);
+}
+
+// ==== helpers ====
+
+const templates = {
+  tsconfig: {
+    extends: '../../tsconfig.base.json',
+    compilerOptions: {
+      target: 'es5',
+      lib: ['es5', 'dom'],
+      outDir: 'dist',
+      jsx: 'react',
+      declaration: true,
+      module: 'commonjs',
+      experimentalDecorators: true,
+      importHelpers: true,
+      noUnusedLocals: true,
+      preserveConstEnums: true,
+      types: ['jest', 'custom-global', 'inline-style-expand-shorthand'],
+    },
+    include: ['src'],
+  },
+  jest: {},
+};
+
+function normalizeOptions(host: Tree, options: MigrateConvergedPkgGeneratorSchema) {
+  const defaults = {};
+  const workspaceConfig = readWorkspaceConfiguration(host);
+  const projectConfig = readProjectConfiguration(host, options.name);
+
+  return {
+    ...defaults,
+    ...options,
+    projectConfig,
+    workspaceConfig: workspaceConfig,
+    paths: {
+      packageJson: joinPathFragments(projectConfig.root, 'package.json'),
+      tsconfig: joinPathFragments(projectConfig.root, 'tsconfig.json'),
+      jestConfig: joinPathFragments(projectConfig.root, 'jest.config.js'),
+      rootTsconfig: '/tsconfig.base.json',
+      rootJestPreset: '/jest.preset.js',
+      rootJestConfig: '/jest.config.js',
+    },
+  };
+}
+
+function serializeJson(value: unknown) {
+  return JSON.stringify(value, null, 2);
+}
+
+function updatedLocalTsConfig(tree: Tree, options: NormalizedSchema) {
+  tree.write(options.paths.tsconfig, serializeJson(templates.tsconfig));
+
+  return tree;
+}
+
+function updatedBaseTsConfig(tree: Tree, options: NormalizedSchema) {
+  // @TODO: add missing dependencies from migrated package to path aliases
+  updateJson(tree, options.paths.rootTsconfig, json => {
+    json.compilerOptions.paths[options.name] = [`${options.projectConfig.root}/src/index.ts`];
+
+    return json;
+  });
+}
diff --git a/tools/generators/migrate-converged-pkg/schema.json b/tools/generators/migrate-converged-pkg/schema.json
new file mode 100644
index 0000000000000..27a4c13f30f0c
--- /dev/null
+++ b/tools/generators/migrate-converged-pkg/schema.json
@@ -0,0 +1,17 @@
+{
+  "$schema": "http://json-schema.org/schema",
+  "cli": "nx",
+  "id": "migrate-converged-pkg",
+  "type": "object",
+  "properties": {
+    "name": {
+      "type": "string",
+      "description": "Library name",
+      "$default": {
+        "$source": "argv",
+        "index": 0
+      }
+    }
+  },
+  "required": ["name"]
+}
diff --git a/tools/generators/migrate-converged-pkg/schema.ts b/tools/generators/migrate-converged-pkg/schema.ts
new file mode 100644
index 0000000000000..a75b4d900af46
--- /dev/null
+++ b/tools/generators/migrate-converged-pkg/schema.ts
@@ -0,0 +1,6 @@
+export interface MigrateConvergedPkgGeneratorSchema {
+  /**
+   * Library name
+   */
+  name: string;
+}