Because just what the world needs is another teen prime-time soap, Vulture is reporting that Terminator Salvation director and former writer for The O.C., McG, is set to develop a Romeo and Juliet-based series for ABC, set in modern-day Venice, California. It will focus on "two feuding families" in the beach-side Los Angeles neighborhood, and, spoiler alert, there will be a forbidden romance. 

How jealous do you think the CW is right now that ABC got this one?

[via Vulture]