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Lively, who currently stars on Gossip Girl as Serena van der Woodsen, is reportedly being considered by Sex and the City creator Michael Patrick King to portray a younger version of the character made famous by Sarah Jessica Parker.
A source told Grazia magazine: "The prequel is about breathing new life into the story and exploring Carrie's first few months in NYC and the beginning of her relationship with an older man."
The prequel will likely be based on Candace Bushnell's prequel novels The Carrie Diaries, which details Carrie's teenage years, and Summer and the City, which tells the story behind Carrie's move to New York City.
In the meantime, Lively can be seen on Gossip Girl, which airs Mondays at 9pm on The CW.
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