diff --git a/packages/tao/src/shared/nx-plugin.ts b/packages/tao/src/shared/nx-plugin.ts
index 558d40a4ac16d3..a54bd45740afbb 100644
--- a/packages/tao/src/shared/nx-plugin.ts
+++ b/packages/tao/src/shared/nx-plugin.ts
@@ -1,12 +1,12 @@
-import { execSync } from 'child_process';
 import { sync } from 'fast-glob';
 import { existsSync } from 'fs';
 import * as path from 'path';
+import { register } from '@swc-node/register/register';
+import { readDefaultTsConfig } from '@swc-node/register/read-default-tsconfig';
 
 import { appRootPath } from '../utils/app-root';
 import { readJsonFile } from '../utils/fileutils';
 import { PackageJson } from './package-json';
-import { getPackageManagerCommand } from './package-manager';
 import { ProjectGraphProcessor } from './project-graph';
 import { Workspaces } from './workspace';
 import {
@@ -132,40 +132,48 @@ export function readPluginPackageJson(
  * @returns The path to the built plugin, or null if it doesn't exist
  */
 const localPluginCache = {};
+let tsNodeAndPathsRegistered = false;
 export function resolveLocalNxPlugin(
   importPath: string,
   root = appRootPath
 ): string | null {
-  localPluginCache[importPath] ??= buildLocalPlugin(importPath, root);
+  localPluginCache[importPath] ??= lookupLocalPlugin(importPath, root);
   return localPluginCache[importPath];
 }
 
-function buildLocalPlugin(importPath: string, root = appRootPath): string {
+function registerTSTranspiler() {
+  try {
+    const tsConfigOptions = readDefaultTsConfig(
+      path.join(appRootPath, 'tsconfig.base.json')
+    );
+    register(tsConfigOptions);
+
+    const tsconfigPaths: typeof import('tsconfig-paths') = require('tsconfig-paths');
+
+    /**
+     * Register the custom workspace path mappings with node so that workspace libraries
+     * can be imported and used within custom workspace lint rules.
+     */
+    return tsconfigPaths.register({
+      baseUrl: appRootPath,
+      paths: tsConfigOptions.paths,
+    });
+  } catch (err) {}
+}
+
+function lookupLocalPlugin(importPath: string, root = appRootPath): string {
   const workspace = new Workspaces(root).readWorkspaceConfiguration();
   const plugin = findNxProjectForImportPath(importPath, workspace, root);
   if (!plugin) {
     return null;
   }
 
-  const projectConfig = workspace.projects[plugin];
+  if (!tsNodeAndPathsRegistered) {
+    registerTSTranspiler();
+  }
 
-  /**
-   * todo(v14-v15) make this stuff async + use task scheduler
-   *
-   * Ideally, we wouldn't invoke nx via execSync here. We should be
-   * able to run an executor given a project and target programmatically.
-   * Currently, runExecutor is async and doesn't hit the task orchestrator.
-   * So to use it, we would have to make a bunch of this stuff async (a breaking change),
-   * and we would also not benefit from remote or local caches which would be much slower.
-   * Therefore, currently we use execSync here. We should work towards simplifying
-   * the task orchestrator API, while consolidating @nrwl/workspace and @nrwl/tao
-   * to make this something like `await TaskScheduler.runTaskNow({project, target: 'build'})`,
-   * but that API doesn't exist.
-   */
-  execSync(`${getPackageManagerCommand().exec} nx build ${plugin}`, {
-    cwd: root,
-  });
-  return path.join(root, projectConfig.targets?.build?.options?.outputPath);
+  const projectConfig = workspace.projects[plugin];
+  return path.join(root, projectConfig.root);
 }
 
 function findNxProjectForImportPath(