diff --git a/docs/content/3.api/4.advanced/2.kit.md b/docs/content/3.api/4.advanced/2.kit.md
index e7e43f096b..d0691cd48a 100644
--- a/docs/content/3.api/4.advanced/2.kit.md
+++ b/docs/content/3.api/4.advanced/2.kit.md
@@ -68,6 +68,7 @@ description: Nuxt Kit provides composable utilities to help interacting with Nux
 [source code](https://github.com/nuxt/framework/blob/main/packages/kit/src/template.ts)
 
 - `addTemplate(templateOptions)`
+- `updateTemplates({ filter?: ResolvedNuxtTemplate => boolean })`
 
 ### Nitro
 
diff --git a/packages/kit/src/template.ts b/packages/kit/src/template.ts
index 8d9e8f87a8..01e2f481ac 100644
--- a/packages/kit/src/template.ts
+++ b/packages/kit/src/template.ts
@@ -71,3 +71,12 @@ export function normalizeTemplate (template: NuxtTemplate<any> | string): Resolv
 
   return template as ResolvedNuxtTemplate<any>
 }
+
+/**
+ * Trigger rebuilding Nuxt templates
+ *
+ * You can pass a filter within the options to selectively regenerate a subset of templates.
+ */
+export function updateTemplates (options?: { filter?: (template: ResolvedNuxtTemplate<any>) => boolean }) {
+  return useNuxt().hooks.callHook('builder:generateApp', options)
+}
diff --git a/packages/nuxt/src/components/module.ts b/packages/nuxt/src/components/module.ts
index b7fc286119..6f4b9419d7 100644
--- a/packages/nuxt/src/components/module.ts
+++ b/packages/nuxt/src/components/module.ts
@@ -1,6 +1,6 @@
 import { statSync } from 'node:fs'
 import { relative, resolve } from 'pathe'
-import { defineNuxtModule, resolveAlias, addTemplate, addPluginTemplate } from '@nuxt/kit'
+import { defineNuxtModule, resolveAlias, addTemplate, addPluginTemplate, updateTemplates } from '@nuxt/kit'
 import type { Component, ComponentsDir, ComponentsOptions } from '@nuxt/schema'
 import { distDir } from '../dirs'
 import { componentsPluginTemplate, componentsTemplate, componentsTypeTemplate } from './templates'
@@ -122,12 +122,12 @@ export default defineNuxtModule<ComponentsOptions>({
 
     nuxt.hook('vite:extendConfig', (config, { isClient }) => {
       const mode = isClient ? 'client' : 'server'
-      ;(config.resolve!.alias as any)['#components'] = resolve(nuxt.options.buildDir, `components.${mode}.mjs`)
+        ; (config.resolve!.alias as any)['#components'] = resolve(nuxt.options.buildDir, `components.${mode}.mjs`)
     })
     nuxt.hook('webpack:config', (configs) => {
       for (const config of configs) {
         const mode = config.name === 'server' ? 'server' : 'client'
-        ;(config.resolve!.alias as any)['#components'] = resolve(nuxt.options.buildDir, `components.${mode}.mjs`)
+          ; (config.resolve!.alias as any)['#components'] = resolve(nuxt.options.buildDir, `components.${mode}.mjs`)
       }
     })
 
@@ -173,7 +173,14 @@ export default defineNuxtModule<ComponentsOptions>({
       }
       const fPath = resolve(nuxt.options.srcDir, path)
       if (componentDirs.find(dir => fPath.startsWith(dir.path))) {
-        await nuxt.callHook('builder:generateApp')
+        await updateTemplates({
+          filter: template => [
+            'components.plugin.mjs',
+            'components.d.ts',
+            'components.server.mjs',
+            'components.client.mjs'
+          ].includes(template.filename)
+        })
       }
     })
 
diff --git a/packages/nuxt/src/core/app.ts b/packages/nuxt/src/core/app.ts
index aa05a3ce2f..2bf753c58c 100644
--- a/packages/nuxt/src/core/app.ts
+++ b/packages/nuxt/src/core/app.ts
@@ -1,7 +1,7 @@
 import { promises as fsp } from 'node:fs'
 import { dirname, resolve } from 'pathe'
 import defu from 'defu'
-import type { Nuxt, NuxtApp, NuxtPlugin, NuxtTemplate } from '@nuxt/schema'
+import type { Nuxt, NuxtApp, NuxtPlugin, NuxtTemplate, ResolvedNuxtTemplate } from '@nuxt/schema'
 import { findPath, resolveFiles, normalizePlugin, normalizeTemplate, compileTemplate, templateUtils, tryResolveModule, resolvePath, resolveAlias } from '@nuxt/kit'
 
 import * as defaultTemplates from './templates'
@@ -16,7 +16,7 @@ export function createApp (nuxt: Nuxt, options: Partial<NuxtApp> = {}): NuxtApp
   } as unknown as NuxtApp) as NuxtApp
 }
 
-export async function generateApp (nuxt: Nuxt, app: NuxtApp) {
+export async function generateApp (nuxt: Nuxt, app: NuxtApp, options: { filter?: (template: ResolvedNuxtTemplate<any>) => boolean } = {}) {
   // Resolve app
   await resolveApp(nuxt, app)
 
@@ -31,25 +31,27 @@ export async function generateApp (nuxt: Nuxt, app: NuxtApp) {
 
   // Compile templates into vfs
   const templateContext = { utils: templateUtils, nuxt, app }
-  await Promise.all(app.templates.map(async (template) => {
-    const contents = await compileTemplate(template, templateContext)
+  await Promise.all((app.templates as Array<ReturnType<typeof normalizeTemplate>>)
+    .filter(template => !options.filter || options.filter(template))
+    .map(async (template) => {
+      const contents = await compileTemplate(template, templateContext)
 
-    const fullPath = template.dst || resolve(nuxt.options.buildDir, template.filename!)
-    nuxt.vfs[fullPath] = contents
+      const fullPath = template.dst || resolve(nuxt.options.buildDir, template.filename!)
+      nuxt.vfs[fullPath] = contents
 
-    const aliasPath = '#build/' + template.filename!.replace(/\.\w+$/, '')
-    nuxt.vfs[aliasPath] = contents
+      const aliasPath = '#build/' + template.filename!.replace(/\.\w+$/, '')
+      nuxt.vfs[aliasPath] = contents
 
-    // In case a non-normalized absolute path is called for on Windows
-    if (process.platform === 'win32') {
-      nuxt.vfs[fullPath.replace(/\//g, '\\')] = contents
-    }
+      // In case a non-normalized absolute path is called for on Windows
+      if (process.platform === 'win32') {
+        nuxt.vfs[fullPath.replace(/\//g, '\\')] = contents
+      }
 
-    if (template.write) {
-      await fsp.mkdir(dirname(fullPath), { recursive: true })
-      await fsp.writeFile(fullPath, contents, 'utf8')
-    }
-  }))
+      if (template.write) {
+        await fsp.mkdir(dirname(fullPath), { recursive: true })
+        await fsp.writeFile(fullPath, contents, 'utf8')
+      }
+    }))
 
   await nuxt.callHook('app:templatesGenerated', app)
 }
diff --git a/packages/nuxt/src/core/builder.ts b/packages/nuxt/src/core/builder.ts
index 2e0028f8a6..1c1ba94531 100644
--- a/packages/nuxt/src/core/builder.ts
+++ b/packages/nuxt/src/core/builder.ts
@@ -23,7 +23,11 @@ export async function build (nuxt: Nuxt) {
         await generateApp()
       }
     })
-    nuxt.hook('builder:generateApp', generateApp)
+    nuxt.hook('builder:generateApp', (options) => {
+      // Bypass debounce if we are selectively invalidating templates
+      if (options) { return _generateApp(nuxt, app, options) }
+      return generateApp()
+    })
   }
 
   await nuxt.callHook('build:before', { nuxt }, nuxt.options.build)
diff --git a/packages/nuxt/src/imports/module.ts b/packages/nuxt/src/imports/module.ts
index 7f4a1dd49b..0884285a16 100644
--- a/packages/nuxt/src/imports/module.ts
+++ b/packages/nuxt/src/imports/module.ts
@@ -1,4 +1,4 @@
-import { addVitePlugin, addWebpackPlugin, defineNuxtModule, addTemplate, resolveAlias, useNuxt, addPluginTemplate, logger } from '@nuxt/kit'
+import { addVitePlugin, addWebpackPlugin, defineNuxtModule, addTemplate, resolveAlias, useNuxt, addPluginTemplate, logger, updateTemplates } from '@nuxt/kit'
 import { isAbsolute, join, relative, resolve, normalize } from 'pathe'
 import { createUnimport, Import, scanDirExports, toImports, Unimport } from 'unimport'
 import { ImportsOptions, ImportPresetWithDeprecation } from '@nuxt/schema'
@@ -77,7 +77,6 @@ export default defineNuxtModule<Partial<ImportsOptions>>({
     nuxt.options.alias['#imports'] = join(nuxt.options.buildDir, 'imports')
 
     // Transpile and injection
-    // @ts-ignore temporary disabled due to #746
     if (nuxt.options.dev && options.global) {
       // Add all imports to globalThis in development mode
       addPluginTemplate({
@@ -117,10 +116,17 @@ export default defineNuxtModule<Partial<ImportsOptions>>({
     })
 
     // Watch composables/ directory
+    const templates = [
+      'types/imports.d.ts',
+      'imports.d.ts',
+      'imports.mjs'
+    ]
     nuxt.hook('builder:watch', async (_, path) => {
       const _resolved = resolve(nuxt.options.srcDir, path)
       if (composablesDirs.find(dir => _resolved.startsWith(dir))) {
-        await nuxt.callHook('builder:generateApp')
+        await updateTemplates({
+          filter: template => templates.includes(template.filename)
+        })
       }
     })
 
diff --git a/packages/nuxt/src/pages/module.ts b/packages/nuxt/src/pages/module.ts
index 2846e5f577..a059281e6b 100644
--- a/packages/nuxt/src/pages/module.ts
+++ b/packages/nuxt/src/pages/module.ts
@@ -1,5 +1,5 @@
 import { existsSync } from 'node:fs'
-import { defineNuxtModule, addTemplate, addPlugin, addVitePlugin, addWebpackPlugin, findPath, addComponent } from '@nuxt/kit'
+import { defineNuxtModule, addTemplate, addPlugin, addVitePlugin, addWebpackPlugin, findPath, addComponent, updateTemplates } from '@nuxt/kit'
 import { relative, resolve } from 'pathe'
 import { genString, genImport, genObjectFromRawEntries } from 'knitwork'
 import escapeRE from 'escape-string-regexp'
@@ -48,7 +48,7 @@ export default defineNuxtModule({
 
       const pathPattern = new RegExp(`(^|\\/)(${dirs.map(escapeRE).join('|')})/`)
       if (event !== 'change' && path.match(pathPattern)) {
-        await nuxt.callHook('builder:generateApp')
+        await updateTemplates()
       }
     })
 
diff --git a/packages/schema/src/types/hooks.ts b/packages/schema/src/types/hooks.ts
index d620c72400..d0dfb6b696 100644
--- a/packages/schema/src/types/hooks.ts
+++ b/packages/schema/src/types/hooks.ts
@@ -6,7 +6,7 @@ import type { InlineConfig as ViteInlineConfig, ViteDevServer } from 'vite'
 import type { Manifest } from 'vue-bundle-renderer'
 import type { EventHandler } from 'h3'
 import type { ModuleContainer } from './module'
-import type { NuxtTemplate, Nuxt, NuxtApp } from './nuxt'
+import type { NuxtTemplate, Nuxt, NuxtApp, ResolvedNuxtTemplate } from './nuxt'
 import type { Preset as ImportPreset, Import } from 'unimport'
 import type { NuxtConfig, NuxtOptions } from './config'
 import type { Nitro, NitroConfig } from 'nitropack'
@@ -66,6 +66,10 @@ export interface ImportPresetWithDeprecation extends ImportPreset {
   names?: string[]
 }
 
+export interface GenerateAppOptions {
+  filter?: (template: ResolvedNuxtTemplate<any>) => boolean
+}
+
 export interface NuxtHooks {
   // Kit
   'kit:compatibility': (compatibility: NuxtCompatibility, issues: NuxtCompatibilityIssues) => HookResult
@@ -74,7 +78,7 @@ export interface NuxtHooks {
   'app:resolve': (app: NuxtApp) => HookResult
   'app:templates': (app: NuxtApp) => HookResult
   'app:templatesGenerated': (app: NuxtApp) => HookResult
-  'builder:generateApp': () => HookResult
+  'builder:generateApp': (options?: GenerateAppOptions) => HookResult
   'pages:extend': (pages: NuxtPage[]) => HookResult
   'build:manifest': (manifest: Manifest) => HookResult
   'server:devHandler': (handler: EventHandler) => HookResult