Blake Lively to Star in 'Green Lantern'!

Blake Lively will star as the female lead in Green Lantern opposite Ryan Reynolds!

Production on the film begins in March, and the film’s release date is set for June of 2011, Variety reports.

It was announced back in July that Ryan had won the title role in the film.

Blake, 22, can be seen on Gossip Girl each week on the CW and recently shot the feature film The Town in Boston with Ben Affleck and Jon Hamm.

Congratulations, Blake!!