Hello Julie,
I appreciate you coming to the Disney Parks Moms Panel with your planning question. It sounds as if you have an exciting day at the Magic Kingdom in the works and fitting in some of the most amazing experiences into that day.
The
Festival of Fantasy Parade is the regular 3 o'clock parade each day. When my family has dined on several occasions at
Cinderella's Royal Table, it has taken approximately 45 minutes to an hour to complete our meal and character meet and greets. So, depending on how quickly you dine, it is possible. However, being that you might be rushed to the parade route, you most likely will not have a front row view. Many guests will begin finding their prime viewing spots 30 minutes to an hour prior to the parade. Please keep this in mind. Also, you will want to check a times guide the day of, to make sure the time has not changed. Showtimes are subject to vary without notice. The parade could also be canceled due to inclement weather.
If possible, you might consider viewing the parade on another day at the Magic Kingdom to avoid the stress of rushing through your regal meal with the princesses. Even if you do not have another Magic Kingdom day planned, and you have the park hopper option, you could consider a mid-day jaunt over to see the parade. It is pretty spectacular.
I do hope you are able to work it out to see both, but regardless, I am sure you will have a magical visit.
~Allison L