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Lily Collins Cast in Mortal Instruments

BEVERLY HILLS, CA - DECEMBER 07:  Actress Lily Collins arrives at The Hollywood Reporter's Annual "Power 100: Women In Entertainment Breakfast" at The Beverly Hills Hotel on December 7, 2011 in Beverly Hills, California.  (Photo by Frazer Harrison/Getty Images)

With Breaking Dawn - Part 2 and The Hunger Games poised to be some of the year's biggest blockbusters, Hollywood is on the hunt for female-friendly fantasy YA franchises. And wouldn't you know, here's The Mortal Instruments, which was placed in turnaround months ago! Constantin Film announced today that the production company has found backing for the project and has set The Karate Kid helmer Harald Zwart to direct, while Lily Collins will star in this adaptation of the Cassandra Clare–written series as half-angel warrior Clary Fray. It may be tough nowadays to grow a new crop of young male stars, but boy, is this is a boom time for young actresses who can play high-school-aged and romp with fantasy creatures.

Photo: Frazer Harrison/2011 Getty Images