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At a dedication service on April 23, 1993, Walker Ranch officially became Disney Wilderness Preserve. This unprecedented agreement has led several other companies to follow suit, agreeing to purchase protected wetlands in Florida for permission to develop acreage already on their property.
The first phase of Celebration was officially dedicated on July 4, 1996. Phase Two is to expand the residential (the city is designed to handle 20,000 residents) and the commercial business districts.
The Walt Disney World Resort celebrated its 25th anniversary in October 1997. The resort pulled out all the stops to "Remember the Magic" for new Guests and those that had been here before. Hundreds of media representatives, children’s groups, dignitaries, and celebrities helped celebrate the momentous occasion. Festivities included changing the Cinderella Castle into a giant birthday cake, a re-creation of the press event where Walt and Roy announced that the Disney company was coming to Florida, several new and refurbished attractions, a live extravaganza at the Orlando Arena, and the debut of the Guest-interactive "Remember the Magic" parade.
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