Even though all eyes were on the Deadpool actor, who received a star on the Hollywood Walk of Fame during the ceremony, it was hard not to notice the blond beauty's gorgeous gown. Lively donned a flowy blue Versace dress with a tight bodice to the outing, pairing it with burgundy peep-toe Christian Louboutin heels and Lorraine Schwartz jewelry.
Also stealing the show were the couple's newborn daughter and her big sister, James, who turns two on Friday. This marked the first time Lively and Reynolds introduced either of their kids to the world publicly.
"Normally we don't drop the whole family out like this, but I just thought I'd regret this in 20 years if I didn't have my kids here as well," he dished. "So we all, we decided collectively just to come down here in one big movement and be a part of this."