Reynolds is set to play Hal Jordan, a test pilot given a power ring by an alien, making him a member of the interstellar police organization Guardians of the Universe. Lively's Carol Ferris is the daughter of Ferris Aircraft owner Carl Ferris, the company that employs Hal Jordan as a test pilot, and the love interest of Hal's. Ultimately, Carol will become the villain Star Sapphire, but that storyline's not likely to be a part of the 2011 film.
The 22 year old Californian just wrapped work on The Town, a gritty crime drama based on the book by Chuck Hogan and adapted/directed by Ben Affleck. She was recently seen in the independent film The Private Lives of Pippa Lee written and directed by Rebecca Miller and co-starring Robin Wright Penn, Maria Bello, and Alan Arkin.