diff --git a/components/dashboard/package.json b/components/dashboard/package.json
index 7f235dbbe17bb6..d063106f658707 100644
--- a/components/dashboard/package.json
+++ b/components/dashboard/package.json
@@ -4,8 +4,8 @@
   "version": "0.0.0",
   "private": true,
   "dependencies": {
-    "@connectrpc/connect-web": "1.1.2",
     "@connectrpc/connect": "1.1.2",
+    "@connectrpc/connect-web": "1.1.2",
     "@gitpod/gitpod-protocol": "0.1.5",
     "@gitpod/public-api": "0.1.5",
     "@radix-ui/react-popover": "^1.0.7",
@@ -26,6 +26,7 @@
     "idb-keyval": "^6.2.0",
     "js-cookie": "^3.0.1",
     "lodash.debounce": "^4.0.8",
+    "lucide-react": "^0.287.0",
     "monaco-editor": "^0.25.2",
     "pretty-bytes": "^6.1.0",
     "process": "^0.11.10",
diff --git a/components/dashboard/src/components/RepositoryFinder.tsx b/components/dashboard/src/components/RepositoryFinder.tsx
index 5754857f1ad790..4b1901b2b0e3e2 100644
--- a/components/dashboard/src/components/RepositoryFinder.tsx
+++ b/components/dashboard/src/components/RepositoryFinder.tsx
@@ -5,7 +5,7 @@
  */
 
 import { FC, useCallback, useMemo, useState } from "react";
-import { DropDown2, DropDown2Element, DropDown2SelectedElement } from "./DropDown2";
+import { Combobox, ComboboxElement, ComboboxSelectedItem } from "./podkit/combobox/Combobox";
 import RepositorySVG from "../icons/Repository.svg";
 import { ReactComponent as RepositoryIcon } from "../icons/RepositoryWithColor.svg";
 import { SuggestedRepository } from "@gitpod/gitpod-protocol";
@@ -92,14 +92,14 @@ export default function RepositoryFinder({
                     id: repo.projectId || repo.url,
                     element: <SuggestedRepositoryOption repo={repo} />,
                     isSelectable: true,
-                } as DropDown2Element;
+                } as ComboboxElement;
             });
         },
         [repos],
     );
 
     return (
-        <DropDown2
+        <Combobox
             getElements={getElements}
             expanded={expanded}
             // we use this to track the search string so we can search for repos via the api and filter in useUnifiedRepositorySearch
@@ -110,7 +110,7 @@ export default function RepositoryFinder({
             searchPlaceholder="Paste repository URL or type to find suggestions"
             onSearchChange={setSearchString}
         >
-            <DropDown2SelectedElement
+            <ComboboxSelectedItem
                 icon={RepositorySVG}
                 htmlTitle={displayContextUrl(selectedContextURL) || "Repository"}
                 title={
@@ -130,7 +130,7 @@ export default function RepositoryFinder({
                 }
                 loading={isLoading}
             />
-        </DropDown2>
+        </Combobox>
     );
 }
 
diff --git a/components/dashboard/src/components/SelectIDEComponent.tsx b/components/dashboard/src/components/SelectIDEComponent.tsx
index 72434a974634a2..06c7afcff38a70 100644
--- a/components/dashboard/src/components/SelectIDEComponent.tsx
+++ b/components/dashboard/src/components/SelectIDEComponent.tsx
@@ -6,7 +6,7 @@
 
 import { IDEOption, IDEOptions } from "@gitpod/gitpod-protocol/lib/ide-protocol";
 import { FC, useCallback, useEffect, useMemo } from "react";
-import { DropDown2, DropDown2Element, DropDown2SelectedElement } from "./DropDown2";
+import { Combobox, ComboboxElement, ComboboxSelectedItem } from "./podkit/combobox/Combobox";
 import Editor from "../icons/Editor.svg";
 import { useIDEOptions } from "../data/ide-options/ide-options-query";
 
@@ -58,7 +58,7 @@ export default function SelectIDEComponent({
             if (!options) {
                 return [];
             }
-            const result: DropDown2Element[] = [];
+            const result: ComboboxElement[] = [];
             for (const ide of options.filter((ide) =>
                 `${ide.label}${ide.title}${ide.notes}${ide.id}`.toLowerCase().includes(search.toLowerCase()),
             )) {
@@ -98,7 +98,7 @@ export default function SelectIDEComponent({
         }
     }, [ide, ideOptions, setError]);
     return (
-        <DropDown2
+        <Combobox
             getElements={getElements}
             onSelectionChange={internalOnSelectionChange}
             searchPlaceholder={"Select Editor"}
@@ -110,7 +110,7 @@ export default function SelectIDEComponent({
                 useLatest={!!useLatest}
                 loading={ideOptionsLoading || loading}
             />
-        </DropDown2>
+        </Combobox>
     );
 }
 
@@ -141,7 +141,7 @@ const IdeOptionElementSelected: FC<IdeOptionElementProps> = ({ option, useLatest
     }
 
     return (
-        <DropDown2SelectedElement
+        <ComboboxSelectedItem
             icon={Editor}
             loading={loading}
             htmlTitle={title}
diff --git a/components/dashboard/src/components/SelectWorkspaceClassComponent.tsx b/components/dashboard/src/components/SelectWorkspaceClassComponent.tsx
index 74f89dc73774b5..25712a409b94c8 100644
--- a/components/dashboard/src/components/SelectWorkspaceClassComponent.tsx
+++ b/components/dashboard/src/components/SelectWorkspaceClassComponent.tsx
@@ -7,7 +7,7 @@
 import { SupportedWorkspaceClass } from "@gitpod/gitpod-protocol/lib/workspace-class";
 import { FC, useCallback, useEffect, useMemo } from "react";
 import WorkspaceClass from "../icons/WorkspaceClass.svg";
-import { DropDown2, DropDown2Element, DropDown2SelectedElement } from "./DropDown2";
+import { Combobox, ComboboxElement, ComboboxSelectedItem } from "./podkit/combobox/Combobox";
 import { useWorkspaceClasses } from "../data/workspaces/workspace-classes-query";
 
 interface SelectWorkspaceClassProps {
@@ -27,7 +27,7 @@ export default function SelectWorkspaceClassComponent({
 }: SelectWorkspaceClassProps) {
     const { data: workspaceClasses, isLoading: workspaceClassesLoading } = useWorkspaceClasses();
 
-    const getElements = useCallback((): DropDown2Element[] => {
+    const getElements = useCallback((): ComboboxElement[] => {
         return (workspaceClasses || [])?.map((c) => ({
             id: c.id,
             element: <WorkspaceClassDropDownElement wsClass={c} />,
@@ -61,7 +61,7 @@ export default function SelectWorkspaceClassComponent({
         return workspaceClasses.find((ws) => ws.id === (selectedWorkspaceClass || defaultClassId));
     }, [selectedWorkspaceClass, workspaceClasses]);
     return (
-        <DropDown2
+        <Combobox
             getElements={getElements}
             onSelectionChange={internalOnSelectionChange}
             searchPlaceholder="Select class"
@@ -73,7 +73,7 @@ export default function SelectWorkspaceClassComponent({
                 wsClass={selectedWsClass}
                 loading={workspaceClassesLoading || loading}
             />
-        </DropDown2>
+        </Combobox>
     );
 }
 
@@ -89,7 +89,7 @@ const WorkspaceClassDropDownElementSelected: FC<WorkspaceClassDropDownElementSel
     const title = wsClass?.displayName ?? "Select class";
 
     return (
-        <DropDown2SelectedElement
+        <ComboboxSelectedItem
             icon={WorkspaceClass}
             loading={loading}
             htmlTitle={title}
diff --git a/components/dashboard/src/components/DropDown2.tsx b/components/dashboard/src/components/podkit/combobox/Combobox.tsx
similarity index 90%
rename from components/dashboard/src/components/DropDown2.tsx
rename to components/dashboard/src/components/podkit/combobox/Combobox.tsx
index e21112e44bfcf4..f2380236147986 100644
--- a/components/dashboard/src/components/DropDown2.tsx
+++ b/components/dashboard/src/components/podkit/combobox/Combobox.tsx
@@ -5,20 +5,19 @@
  */
 
 import React, { FC, FunctionComponent, ReactNode, useCallback, useEffect, useMemo, useRef, useState } from "react";
-import Arrow from "./Arrow";
-import classNames from "classnames";
-import { ReactComponent as Spinner } from "../icons/Spinner.svg";
 import * as RadixPopover from "@radix-ui/react-popover";
+import { ChevronDown, CircleDashed } from "lucide-react";
+import classNames from "classnames";
 
-export interface DropDown2Element {
+export interface ComboboxElement {
     id: string;
     element: JSX.Element;
     isSelectable?: boolean;
 }
 
-export interface DropDown2Props {
+export interface ComboboxProps {
     initialValue?: string;
-    getElements: (searchString: string) => DropDown2Element[];
+    getElements: (searchString: string) => ComboboxElement[];
     disabled?: boolean;
     loading?: boolean;
     searchPlaceholder?: string;
@@ -29,7 +28,7 @@ export interface DropDown2Props {
     onSearchChange?: (searchString: string) => void;
 }
 
-export const DropDown2: FunctionComponent<DropDown2Props> = ({
+export const Combobox: FunctionComponent<ComboboxProps> = ({
     initialValue = "",
     disabled = false,
     loading = false,
@@ -188,8 +187,14 @@ export const DropDown2: FunctionComponent<DropDown2Props> = ({
             >
                 {children}
                 <div className="flex-grow" />
-                <div className="mr-2">
-                    <Arrow direction={showDropDown ? "up" : "down"} />
+                <div
+                    className={classNames(
+                        // TODO: work on abstracting icon colors once we have a few places using lucide icons
+                        "mr-2 text-gray-400 dark:text-gray-500 group-hover:text-gray-600 dark:group-hover:text-gray-400 transition-transform",
+                        showDropDown && "rotate-180 transition-all",
+                    )}
+                >
+                    <ChevronDown />
                 </div>
             </RadixPopover.Trigger>
             <RadixPopover.Portal>
@@ -213,8 +218,8 @@ export const DropDown2: FunctionComponent<DropDown2Props> = ({
                                 onChange={handleInputChange}
                             />
                             {showInputLoadingIndicator && (
-                                <div className="absolute top-0 right-0 h-full flex items-center pr-2">
-                                    <Spinner className="h-4 w-4 opacity-25 animate-spin" />
+                                <div className="absolute top-0 right-0 h-full flex items-center pr-2 animate-fade-in-fast">
+                                    <CircleDashed className="opacity-10 animate-spin-slow" />
                                 </div>
                             )}
                         </div>
@@ -229,7 +234,7 @@ export const DropDown2: FunctionComponent<DropDown2Props> = ({
                         {!showResultsLoadingIndicator && filteredOptions.length > 0 ? (
                             filteredOptions.map((element) => {
                                 return (
-                                    <Dropdown2Element
+                                    <ComboboxItem
                                         key={element.id}
                                         element={element}
                                         isActive={element.id === selectedElementTemp}
@@ -250,7 +255,7 @@ export const DropDown2: FunctionComponent<DropDown2Props> = ({
     );
 };
 
-type DropDown2SelectedElementProps = {
+type ComboboxSelectedItemProps = {
     // Either a string of the icon source or an element
     icon: ReactNode;
     loading?: boolean;
@@ -259,7 +264,7 @@ type DropDown2SelectedElementProps = {
     htmlTitle?: string;
 };
 
-export const DropDown2SelectedElement: FC<DropDown2SelectedElementProps> = ({
+export const ComboboxSelectedItem: FC<ComboboxSelectedItemProps> = ({
     icon,
     loading = false,
     title,
@@ -297,14 +302,14 @@ export const DropDown2SelectedElement: FC<DropDown2SelectedElementProps> = ({
     );
 };
 
-type Dropdown2ElementProps = {
-    element: DropDown2Element;
+type ComboboxItemProps = {
+    element: ComboboxElement;
     isActive: boolean;
     onSelected: (id: string) => void;
     onFocused: (id: string) => void;
 };
 
-export const Dropdown2Element: FC<Dropdown2ElementProps> = ({ element, isActive, onSelected, onFocused }) => {
+export const ComboboxItem: FC<ComboboxItemProps> = ({ element, isActive, onSelected, onFocused }) => {
     let selectionClasses = `dark:bg-gray-800 cursor-pointer`;
     if (isActive) {
         selectionClasses = `bg-gray-200 dark:bg-gray-700 cursor-pointer focus:outline-none focus:ring-0`;
diff --git a/components/dashboard/src/hooks/use-debounce.ts b/components/dashboard/src/hooks/use-debounce.ts
index 71a13d1cffcf53..d4c7ccbbc7fcb2 100644
--- a/components/dashboard/src/hooks/use-debounce.ts
+++ b/components/dashboard/src/hooks/use-debounce.ts
@@ -20,7 +20,8 @@ export const useDebounce = <T>(value: T, delay = 500, options?: DebounceOptions)
         return debounce(setDebouncedValue, delay, {
             leading: options?.leading || false,
             trailing: options?.trailing || true,
-            maxWait: options?.maxWait ?? undefined,
+            // ensures debounced value is updated at least every 1s
+            maxWait: options?.maxWait ?? 1000,
         });
     }, [delay, options?.leading, options?.maxWait, options?.trailing]);
 
diff --git a/components/dashboard/tailwind.config.js b/components/dashboard/tailwind.config.js
index 185ef305f5b2cb..9b1a139fd816fa 100644
--- a/components/dashboard/tailwind.config.js
+++ b/components/dashboard/tailwind.config.js
@@ -65,6 +65,8 @@ module.exports = {
             animation: {
                 "toast-in-right": "toast-in-right 0.3s ease-in-out",
                 "fade-in": "fade-in 3s linear",
+                "fade-in-fast": "fade-in .3s ease-in-out",
+                "spin-slow": "spin 2s linear infinite",
             },
             transitionProperty: {
                 width: "width",
diff --git a/yarn.lock b/yarn.lock
index dd2a5fb1126782..b833ea79658f77 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -10374,6 +10374,11 @@ lru_map@^0.3.3:
   resolved "https://registry.npmjs.org/lru_map/-/lru_map-0.3.3.tgz"
   integrity sha1-tcg1G5Rky9dQM1p5ZQoOwOVhGN0=
 
+lucide-react@^0.287.0:
+  version "0.287.0"
+  resolved "https://registry.yarnpkg.com/lucide-react/-/lucide-react-0.287.0.tgz#efa49872a91fa97b7ef650c4b40396b6880d0088"
+  integrity sha512-auxP2bTGiMoELzX+6ItTeNzLmhGd/O+PHBsrXV2YwPXYCxarIFJhiMOSzFT9a1GWeYPSZtnWdLr79IVXr/5JqQ==
+
 lz-string@^1.4.4:
   version "1.4.4"
   resolved "https://registry.npmjs.org/lz-string/-/lz-string-1.4.4.tgz"