Rapper Nas attends the VIBE Impact Awards presented in partnership with Malibu Red at the Carondelet House on January 24, 2014 in Los Angeles

Rapper Nas attends the VIBE Impact Awards presented in partnership with Malibu Red at the Carondelet House on January 24, 2014 in Los Angeles

*A half-hour series project loosely based on the life of rapper Nas in the 1990s is being produced at XBox Entertainment Studios. (Yes, Xbox has a production company.)

Titled “Street Dreams,” the project, from Jamie Patricof and Lynette Howell’s Electric City Entertainment (“The Place Beyond The Pines”), is set in the 1990s in Long Island’s Queensbridge housing complex, where Nas grew up, and takes a look at music, family and the trials and tribulations of the rap game, reports Deadline.com.

“Street Dreams” is being written/directed by Jonathan Levine, who also grew up in New York, spending his formative years in the 1990s. New York in the 90s was the backdrop for his coming of age feature “The Wackness,” winner of the Audience Award at the 2008 Sundance Film Festival.

“Street Dreams is now being developed, with Nas involved in the writing and music. His manager, Anthony Seleh, executive produces with Patricof, Howell and Levine.

Xbox has been actively buying scripted projects though it is yet to launch its first series, according to Deadline. It also has in the works a pro skaters comedy series from writer Ian Edelman.

Nas this year marks the 20th anniversary of his groundbreaking debut album “Illmatic.”