diff --git a/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/NewProjectWizardModuleBuilder.kt b/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/NewProjectWizardModuleBuilder.kt
index 003f970d40c..7ad10eed6cb 100644
--- a/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/NewProjectWizardModuleBuilder.kt
+++ b/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/NewProjectWizardModuleBuilder.kt
@@ -34,6 +34,7 @@ import org.jetbrains.kotlin.tools.projectWizard.wizard.service.IdeaServices
 import org.jetbrains.kotlin.tools.projectWizard.wizard.ui.PomWizardStepComponent
 import org.jetbrains.kotlin.tools.projectWizard.wizard.ui.asHtml
 import org.jetbrains.kotlin.tools.projectWizard.wizard.ui.firstStep.FirstWizardStepComponent
+import org.jetbrains.kotlin.tools.projectWizard.wizard.ui.runWithProgressBar
 import org.jetbrains.kotlin.tools.projectWizard.wizard.ui.secondStep.SecondStepWizardComponent
 import org.jetbrains.kotlin.utils.addToStdlib.safeAs
 import java.nio.file.Paths
@@ -211,16 +212,11 @@ class ModuleNewWizardFirstStep(wizard: IdeWizard) : WizardStep(wizard, Generatio
         component.onInit()
     }
 
-    private fun runPreparePhase() = ProgressManager.getInstance().runProcessWithProgressSynchronously(
-        {
-            wizard.apply(emptyList(), setOf(GenerationPhase.PREPARE)) { task ->
-                ProgressManager.getInstance().progressIndicator.text = task.title ?: ""
-            }
-        },
-        "",
-        true,
-        null
-    )
+    private fun runPreparePhase() = runWithProgressBar(title = "") {
+        wizard.apply(emptyList(), setOf(GenerationPhase.PREPARE)) { task ->
+            ProgressManager.getInstance().progressIndicator.text = task.title ?: ""
+        }
+    }
 }
 
 class ModuleNewWizardSecondStep(
diff --git a/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/service/IdeaKotlinVersionProviderService.kt b/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/service/IdeaKotlinVersionProviderService.kt
index 670f3e65d75..0d85bccd198 100644
--- a/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/service/IdeaKotlinVersionProviderService.kt
+++ b/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/service/IdeaKotlinVersionProviderService.kt
@@ -6,7 +6,6 @@
 package org.jetbrains.kotlin.tools.projectWizard.wizard.service
 
 import org.jetbrains.kotlin.config.KotlinCompilerVersion
-import org.jetbrains.kotlin.idea.KotlinPluginUtil
 import org.jetbrains.kotlin.idea.framework.ui.ConfigureDialogWithModulesAndVersion
 import org.jetbrains.kotlin.tools.projectWizard.core.TaskResult
 import org.jetbrains.kotlin.tools.projectWizard.core.asNullable
@@ -15,6 +14,7 @@ import org.jetbrains.kotlin.tools.projectWizard.core.safe
 import org.jetbrains.kotlin.tools.projectWizard.core.service.KotlinVersionProviderService
 import org.jetbrains.kotlin.tools.projectWizard.core.service.KotlinVersionProviderServiceImpl
 import org.jetbrains.kotlin.tools.projectWizard.settings.version.Version
+import org.jetbrains.kotlin.tools.projectWizard.wizard.ui.runWithProgressBar
 import java.io.BufferedReader
 import java.io.InputStreamReader
 import java.net.URL
@@ -23,17 +23,20 @@ import java.util.stream.Collectors
 class IdeaKotlinVersionProviderService : KotlinVersionProviderService, IdeaWizardService {
     override fun getKotlinVersion(): Version =
         KotlinCompilerVersion.getVersion()?.let { Version.fromString(it) }
-            ?: VersionsDownloader.getLatestEapOrStableKotlinVersion()
+            ?: VersionsDownloader.downloadLatestEapOrStableKotlinVersion()
             ?: KotlinVersionProviderServiceImpl.DEFAULT
 }
 
 private object VersionsDownloader {
-    fun getLatestEapOrStableKotlinVersion(): Version? {
+    fun downloadLatestEapOrStableKotlinVersion(): Version? = runWithProgressBar("Downloading Kotlin version") {
         val latestEap = EapVersionDownloader.getLatestEapVersion()
         val latestStable = getLatestStableVersion()
-        if (latestEap == null) return latestStable
-        if (latestStable == null) return latestEap
-        return if (latestEap > latestStable) latestEap else latestStable
+        when {
+            latestEap == null -> latestStable
+            latestStable == null -> latestEap
+            latestEap > latestStable -> latestEap
+            else -> latestStable
+        }
     }
 
     private fun getLatestStableVersion() = safe {
diff --git a/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/ui/ui.kt b/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/ui/ui.kt
index aac91b424c7..633c7ef81e2 100644
--- a/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/ui/ui.kt
+++ b/idea/idea-new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/wizard/ui/ui.kt
@@ -6,10 +6,11 @@ import com.intellij.ide.plugins.newui.TagComponent
 import com.intellij.openapi.actionSystem.ActionManager
 import com.intellij.openapi.actionSystem.ActionPlaces
 import com.intellij.openapi.actionSystem.DefaultActionGroup
+import com.intellij.openapi.progress.ProgressManager
+import com.intellij.openapi.util.ThrowableComputable
 import com.intellij.ui.*
 import com.intellij.ui.components.JBLabel
 import com.intellij.ui.components.JBTextField
-import com.intellij.util.ui.JBUI
 import com.intellij.util.ui.UIUtil
 import org.jetbrains.kotlin.idea.KotlinIcons
 import org.jetbrains.kotlin.tools.projectWizard.core.Failure
@@ -175,6 +176,14 @@ class TemplateTagUIComponent(tag: TemplateTag) : TagComponent(tag.text) {
     }
 }
 
+fun <T> runWithProgressBar(title: String, action: () -> T): T =
+    ProgressManager.getInstance().runProcessWithProgressSynchronously(
+        ThrowableComputable<T, Exception> { action() },
+        title,
+        true,
+        null
+    )
+
 
 object UiConstants {
     const val GAP_BORDER_SIZE = 5
diff --git a/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/phases/GenerationPhase.kt b/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/phases/GenerationPhase.kt
index 6b8f55ee3a1..064265b5343 100644
--- a/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/phases/GenerationPhase.kt
+++ b/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/phases/GenerationPhase.kt
@@ -1,7 +1,7 @@
 package org.jetbrains.kotlin.tools.projectWizard.phases
 
 enum class GenerationPhase {
-    PREPARE, INIT_TEMPLATE, FIRST_STEP, SECOND_STEP, PROJECT_GENERATION, PROJECT_IMPORT
+    PREPARE, INIT_TEMPLATE, FIRST_STEP, SECOND_STEP, PREPARE_GENERATION, PROJECT_GENERATION, PROJECT_IMPORT
 
     ;
 
diff --git a/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/plugins/kotlin/KotlinPlugin.kt b/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/plugins/kotlin/KotlinPlugin.kt
index ee11f5e6c1e..1be2bd2c65e 100644
--- a/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/plugins/kotlin/KotlinPlugin.kt
+++ b/libraries/tools/new-project-wizard/src/org/jetbrains/kotlin/tools/projectWizard/plugins/kotlin/KotlinPlugin.kt
@@ -23,7 +23,7 @@ import java.nio.file.Path
 class KotlinPlugin(context: Context) : Plugin(context) {
     val version by property(KotlinVersionProviderServiceImpl.DEFAULT)
 
-    val initKotlinVersions by pipelineTask(GenerationPhase.PREPARE) {
+    val initKotlinVersions by pipelineTask(GenerationPhase.PREPARE_GENERATION) {
         title = "Downloading list of Kotlin versions"
 
         withAction {