If you thought the Harry Potter phenomenon was drawing to a close – following the release of the last film in the series earlier this year – think again!

Reports from Hollywood suggest Universal Studios and Warner Bros. are planning to replicate the success of Wizarding World of Harry Potter in Orlando with a new park in 2015.

Located at Universal Studios Hollywood, the new$200 million park would draw on the complete franchise up to and including Harry Potter and the Deathly Hallows – Part 2, released earlier this year.

Wizarding World of Harry Potter at Universal Orlando Islands of Adventure opened in June 2010 at a cost of $265 million.